Which of the Following Describes the Polluter-Pays Principle

question 4

Multiple Choice

Which of the following describes the polluter-pays principle?

• A) A polluter should bear the expense of carrying out pollution prevention and control measures.
• B) A strong, just, and wealthy society can be consistent with a clean environment.
• C) Preventive measures should be taken when an activity raises threats of harm to the environment.
• D) All people in society should receive equal treatment with respect to environmental laws and policies.
• E) None of these is correct.

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Definitions:

Price Ceilings

A legal maximum price set by the government for goods or services, intended to protect consumers by preventing prices from rising above a certain level.

Buyers

Individuals or entities that purchase goods or services for personal use, business operations, or for resale purposes.

Binding Price Ceiling

A government-imposed limit on the price of a good or service that is set below the market equilibrium, leading to shortages.

Consumers

Individuals or entities that use, or consume, goods and services produced within an economy, driving demand and market dynamics.