Consider a Situation in Which a Utility Company Emits High

question 165

Multiple Choice

Consider a situation in which a utility company emits high levels of sulfur dioxide and the company is not liable for the damages its pollution causes.According to the Coase theorem, government action is ________ to achieve an ________ amount of pollution.

• A)necessary; equitable
• B)necessary; efficient
• C)not necessary; equitable
• D)not necessary; efficient

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Definitions:

Outlook

A Microsoft email and calendar program that helps users organize and manage their communications, schedules, and tasks.

Calendar Items

Entries or events scheduled in a calendar application, including appointments, meetings, and reminders.

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Occurrences, especially significant ones, which can be scheduled or recorded in calendars or logs.

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The standard or typical day’s schedule as defined by an organization, often assumed to be Monday through Friday, 9 am to 5 pm.