If Sparks from Trains Sets Adjacent Farmland on Fire, One

question 90

Multiple Choice

If sparks from trains sets adjacent farmland on fire, one way to internalise the externality is:

• A)for the rail company to increase the volume of rail traffic
• B)for the rail company to purchase the adjacent farmland
• C)for the government to buy the farmland
• D)for the rail company to lower their freight charges

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Definitions:

Architect

A professional who plans, designs, and oversees the construction of buildings, ensuring they are both functional and aesthetically appealing.

Artistic

Pertaining to or characteristic of the arts or the practice of creating, appreciating, and engaging in the creative work that expresses imaginative or technical skill.

Understanding Others

The ability to comprehend and empathize with the feelings, thoughts, and experiences of other people.

Social

Relating to society or its organization, emphasizing the interaction and relationships of individuals within a community.