Pollution Control Policies Such as Effluent Fees

question 24

Multiple Choice

Pollution control policies such as effluent fees

• A) lower consumer prices.
• B) raise the sales of those firms being taxed.
• C) cause the social costs to exceed the private costs.
• D) increase the external diseconomies of production.
• E) increase firms' costs of production.

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Definitions:

Addison Disease

A hormonal disorder that occurs when the adrenal glands produce insufficient amounts of certain hormones, notably cortisol and aldosterone.

Diabetes Insipidus

A condition characterized by excessive thirst and excretion of large amounts of severely diluted urine, with reduction of fluid intake having no effect on the concentration of the urine.

Adrenogenital Hyperplasia

A group of genetic conditions that affect the adrenal glands and can interfere with the body's hormone production, resulting in abnormal genital development and other symptoms.