Which of the Following Is Not Part of the Pollution

question 138

Multiple Choice

Which of the following is not part of the pollution problem?

• A)The absence of markets for goods like clean air and clean water
• B)The lack of well-defined property rights to clean air and clean water
• C)The unreliability of voluntary programs to cut pollution
• D)The willingness of citizens to take steps to reduce detrimental externalities

---

Definitions:

Budgeted Cost Systems

Accounting methods that use budgets to project costs and revenues, helping companies plan for future operations and financial performance.

Product Costs

The three components of manufacturing cost: direct materials, direct labor, and factory overhead costs.

Standard Cost

A detailed estimate of what a product should cost.

Past Cost Data

Historical financial information regarding the costs incurred by a business.