The Reason Why Cleanup Costs Are Lower for a Taxes

question 213

Multiple Choice

The reason why cleanup costs are lower for a taxes approach than for a direct controls approach is that

• A)all firms reduce pollution equally and fairly.
• B)firms that are able to clean up at lowest cost do so; others don't.
• C)large polluters clean up the most, which is always lowest cost.
• D)small polluters clean up the most, which is generally the cheapest.

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Definitions:

Organizational Obligation

Duties or responsibilities that an organization is bound to perform or adhere to, often ethically or legally.

Society Interests

Collective concerns, objectives, or priorities that are considered beneficial for the community as a whole.

Organizational Mission

A statement that outlines an organization's purpose, identifying its scope of operations and guiding its strategic planning.

Market Strategy

A comprehensive plan that outlines how a business will reach potential consumers and turn them into customers of their products or services.