Point Sources of Pollution Include All of the Following Except

question 14

Multiple Choice

Point sources of pollution include all of the following except

• A) an automobile tailpipe.
• B) a factory smokestack.
• C) a drainpipe from a power plant.
• D) runoff from cropland.
• E) an oil leak from a home furnace.

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of production and the quantity of output increase.

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different consumers, based on market segments, capacity to pay, or purchasing contexts.

Monopoly Power

The ability of a monopolist to significantly control market price or exclude competition in a particular market.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices to different buyers.