Corrective Taxes That Are Imposed Upon the Producer of a Nasty

question 185

Multiple Choice

Corrective taxes that are imposed upon the producer of a nasty smell can be successful in reducing that smell because the tax makes the producer

• A)externalize the positive externality.
• B)externalize the negative externality.
• C)internalize the positive externality.
• D)internalize the negative externality.

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows, with the objective of improving labor productivity.

Car Detailing

The thorough cleaning, restoration, and finishing of a vehicle, both inside and out, to produce a show-quality level of detail.

Job Breakdown

The process of dividing a job into its component tasks or operations to analyze and improve efficiency.

Knowledge Management

The systematic approach to acquiring, organizing, and sharing an organization’s information assets to enhance its performance and competitiveness.