Which of the Following Firms Is Most Likely to Be

question 40

Multiple Choice

Which of the following firms is most likely to be the first to implement pollution control technologies if the government implements a system of transferable pollution rights?

• A) the firm with the lowest marginal cost of production
• B) the firm with the lowest marginal cost of implementation
• C) the firm with the lowest level of pollution
• D) the firm with the highest level of pollution

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Definitions:

Scientific Principle

A fundamental concept or law that guides scientific work and is widely accepted as true based on evidence.

Innovation

The introduction of something new, such as an idea, method, or device.

Artistic Work

Creations by artists, such as paintings, sculptures, music, and literature, often protected by copyright laws.

Bribery of confidence

The act of offering, giving, receiving, or soliciting something of value to influence the actions of an individual holding a position of trust.