Which of the Following Statements Is (Are) TRUE

question 87

Multiple Choice

Which of the following statements is (are) TRUE?
I. A quota can be used to address negative externalities only, not positive externalities.
II. Implementing pollution quotas is difficult because quotas must be implemented on a firm-by-firm basis.
III. The government could produce the good itself as a method of increasing the quantity of a good with a positive externality.

• A) II
• B) I and III
• C) I, II, and III
• D) II and III

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Definitions:

Brain Tissue

The collection of neurons, glial cells, and other components that make up the brain, essential for processing information and controlling bodily functions.

Motor Cortex

An area of the brain's frontal lobe involved in planning, controlling, and executing voluntary movements.

Frontal Lobes

The regions of the brain located behind the forehead that are responsible for voluntary movement, language, planning, and problem-solving.

Cerebral Cortex

The outer layer of the cerebrum in the brain, involved in high-level functions such as sensory perception, cognition, and generating motor commands.