If It Is Illegal for a Biochemical Manufacturer to Release

question 6

Multiple Choice

If it is illegal for a biochemical manufacturer to release its waste into a nearby stream,what is this an example of

• A)a market-based policy
• B)a command-and-control policy
• C)a pollution permit
• D)a transaction cost

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Definitions:

Yellow

A primary color perceived when light with a dominant wavelength between approximately 570 and 590 nanometers is present.

Ordinal

Refers to data that represents categories with a meaningful order, but where the differences between the categories cannot be quantified.

Level Of Measurement

The nature of information within the values assigned to variables, which dictates the types of statistical analysis that can be performed.

Frequency Distribution

A summary of how often each value or range of values occurs in a data set.