Examlex

Solved

Which of the Following Situations Would Be Least Likely to Necessitate

question 38

Multiple Choice

Which of the following situations would be least likely to necessitate intake of nutrient supplements in amounts consistent with the RDA?


Definitions:

Positive Externality

A beneficial effect experienced by a third party who did not choose to incur that benefit, often resulting from an individual's or firm's actions.

Corrective Tax

A tax designed to internalize externalities, effectively correcting market outcomes that might otherwise result in social inefficiency.

Command-And-Control Policies

Regulatory strategies where the government sets specific limits and controls on emissions or discharges, often requiring technology or methods to be used.

Corrective Taxes

Taxes imposed to correct the market outcomes by accounting for externalities and bringing the social costs and benefits into balance.

Related Questions