The Study of What Ought to Be Such as Determining

question 22

Multiple Choice

The study of what ought to be such as determining the socially efficient level of emissions is known as _____________.

• A) normative economics
• B) positive economics
• C) equimarginal principle
• D) Coase theorem

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Definitions:

Fly

An insect of the order Diptera, known for its ability to fly and its role in various ecological processes such as pollination and decomposing organic matter.

Atmosphere

The layer of gases surrounding Earth, protecting it from extreme temperatures and harmful space energies.

Gaseous Layer

A stratum of the atmosphere composed of gases, such as the ozone layer, which provides protection from the sun's harmful ultraviolet radiation.

Planet

A celestial body orbiting a star or stellar remnant, with sufficient mass for self-gravity and a clear path in its orbit.