The Use of Market Signals to Influence Producer Behavior with Regard

question 28

Multiple Choice

The use of market signals to influence producer behavior with regard to pollution is known as:

• A) negative externality
• B) command and control
• C) market failure
• D) market based initiatives
• E) positive externality

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Definitions:

Economic Deprivation

A condition characterized by a lack of financial resources and access to basic needs.

Status

The relative social, professional, or other standing of someone or something.

OxyContin

A brand name for oxycodone, a powerful prescription opioid pain medication that is often abused.

Cigarette Smoking

The act of inhaling and exhaling the smoke of burning tobacco encased in cigarettes, known to cause health issues including respiratory disorders and cancer.