In Which of the Following Ways Are Pigovian Taxes and Pollution

question 161

Multiple Choice

In which of the following ways are Pigovian taxes and pollution permits similar?
(i) in both cases, firms pay for their pollution.(ii) both internalise the externality of pollution by making it costly to pollute.(iii) each policy allows for a market-based solution.

• A)(i), (ii) and (iii)
• B)(i) and (iii) only
• C)(ii) only
• D)(ii) and (iii) only

Identify different roles within teams and their impact on team dynamics.

Recognize the different phases of team evolution and their characteristics.

Understand the concept of groupthink and how it can be detrimental to team effectiveness.

Grasp the importance of conflict resolution and constructive feedback in teamwork.

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Definitions:

Pure Monopsony

A market condition where there is only one buyer for a product or service, giving that buyer significant control over market conditions.

Injunction

A legal order issued by a court that compels a party to do or refrain from specific acts.

National Labor Relations Act

A 1935 U.S. law that protects the rights of employees and employers, encourages collective bargaining, and curtails certain private sector labor and management practices.

Closed Shop

An agreement where a company agrees to hire union members only, and employees must remain members of the union at all times.