Regulation Can Encourage Firms To

question 114

Multiple Choice

Regulation can encourage firms to:

• A)introduce processes that reduce emissions per unit of output more than without the regulation.
• B)increase the output because firms have limited competition.
• C)increase emissions as their output declines.
• D)adopt emissions intensive technologies.

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Definitions:

Occupational Health

The study and application of preventive measures and safety standards to ensure the well-being of individuals in the workplace.

Safety Laws

Regulations designed to ensure the health and safety of individuals in workplaces, public areas, and private spaces.

Chairlifts

Mechanical transportation systems typically used at ski resorts to transport skiers up a mountain; consists of a series of chairs suspended from a moving cable.

Collective Agreement

An agreement in writing, made between an employer and a union certified or recognized as the bargaining unit of the employees. It contains the terms and conditions under which work is to be performed and sets out the rights and duties of the employer, the employees, and the union.