When an Error Is Discovered on a Drawing While in Use

question 6

Multiple Choice

When an error is discovered on a drawing while in use in the shop, quite often the error will be marked with ____ pencil.

• A) red or blue
• B) red or yellow
• C) green or yellow
• D) blue or green

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Definitions:

Pigouvian Taxes

Taxes imposed on any market activity that generates negative externalities (costs not reflected in the market price) to correct the market outcome.

External Costs

Costs that are not borne by the producers or users of a product or service, but by society or the environment.

Polluting Firms

Companies that release harmful substances into the environment as a byproduct of their production processes.

Emissions Standards

Emissions standards are government-imposed limits on the amount of pollutants that can be emitted by vehicles and other sources, to protect environmental and public health.