Which Basic Approach to Environment Policy May Be the Only

question 69

Multiple Choice

Which basic approach to environment policy may be the only workable solution in brief but serious emergencies that do not allow for time to plan and enact a systematic program?

• A)Taxes on pollution
• B)Voluntary compliance
• C)Tradable emissions permits
• D)Direct controls like legal ceilings

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Definitions:

Net Income

Refers to the profit that remains after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from total revenues.

Average Total Assets

A financial metric calculated by taking the average of a company’s total assets at the beginning and the end of an accounting period to assess overall asset efficiency.

Total Asset Turnover

A financial ratio that measures a company’s efficiency in using its assets to generate revenue.

Net Sales

The revenue generated from goods or services sold by a business, minus returns, allowances for damaged or missing goods, and discounts.