An Advantage of Testing for Toxicity by Exposing Animals to Chemicals

question 11

Multiple Choice

An advantage of testing for toxicity by exposing animals to chemicals is that using animals is

• A)cheaper than other methods.
• B)faster than other methods.
• C)usually quite humane.
• D)easier than using computer models.
• E)a trusted and usually reliable way to get results.

Appreciate the significance of negotiating solutions in externalities and the Coase theorem.

Understand how external benefits justify government funding in education and other areas.

Recognize the conditions under which market outcomes can be efficient in the presence of externalities.

Understand the concept of negligence and its applicability in different scenarios.