Economists Believe That There Are More Efficient Ways to Deal

question 168

Multiple Choice

Economists believe that there are more efficient ways to deal with pollution than with environmental standards because these standards do not:

• A)reduce pollution enough.
• B)allow reductions in pollution to be achieved at minimum cost.
• C)internalize the externality.
• D)provide for any means of enforcement.

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Definitions:

TMC Method

usually refers to a standard or procedure developed by the Technology & Maintenance Council, aimed at improving commercial vehicle maintenance practices, safety, and efficiency.

ConMet Unitized Hub

A consolidated hub assembly used in vehicle axles, designed to improve reliability and maintenance efficiency by ContiTech.

Torque Required

The amount of twisting force needed to rotate an object about an axis, crucial in engineering and mechanical applications.

Wheel Installation

The process of fitting and securing a wheel to the hub of a vehicle, ensuring it is safely and correctly attached.