Which of the Following Statements Is Correct

question 127

Multiple Choice

Which of the following statements is correct?

• A)Taxes are more difficult to administer than regulations.
• B)Taxes provide incentives for firms to adopt new methods to reduce negative externalities.
• C)Command-and-control policies provide incentives for private decisionmakers to solve their problems on their own.
• D)Corrective taxes distort incentives.

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Definitions:

Organizational Learning

The process by which an organization improves itself over time through gaining experience and using that to create knowledge or efficiency gains.

Primary Methods

Fundamental techniques or approaches used in a field of study or area of investigation.

Organizational Change

The process through which a company or organization alters its structure, strategies, operational methods, technologies, or organizational culture to effect change.

Cognitively Rigid

An individual's difficulty in adjusting their thinking or beliefs in response to new information, often leading to inflexible or unadaptive behavior.