Why Did the Requirement That Tankers Purchase New Discharge Equipment

question 62

Multiple Choice

Why did the requirement that tankers purchase new discharge equipment reduce oil pollution?

• A)The newly required equipment was cheaper than the old equipment,so more tanker companies purchased it.
• B)The new equipment made it easier for transnational advocacy networks to monitor tankers at sea.
• C)Although the new equipment was more expensive than the previous measures,verification of compliance was easier than before.
• D)Many tanker companies could not afford the new equipment and went out of business;fewer tankers resulted in fewer oil discharges.
• E)The new requirement sent a message to tanker companies that governments were serious about enforcing discharge limits.

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, opposite to normal goods.

Negative

In the context of economics, denotes a situation or indicator that reflects a decrease, deficit, or detrimental condition.

Inelastic Supply

A situation where the quantity supplied of a good or service is not significantly influenced by changes in price.

Quantity Supplied

The total amount of a product that producers are willing and able to sell at a given price over a specified period.