What Is the Greatest Impact of Internalizing External Costs

question 58

Multiple Choice

What is the greatest impact of internalizing external costs? 

• A) Internalizing external costs would make pollution more profitable. 
• B) Fuel inefficient cars would still have competitive prices if their external costs were internalized. 
• C) Internalizing external costs would make consumers more aware of the true cost of goods. 
• D) Real market prices would always be cheaper if external costs were internalized.

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Definitions:

Blind

A condition characterized by the lack of visual perception due to physiological or neurological factors, which can range from partial to total inability to see.

Breathing-Related Sleep Disorder

Group of sleep disorders characterized by numerous brief sleep disturbances due to problems breathing.

Apnea

A temporary cessation of breathing, especially during sleep, which can lead to various health complications.

Excessive Sleepiness

A condition where an individual experiences significant and persistent drowsiness despite adequate or even prolonged night-time sleep.