Suppose That Large Scale Pork Production Has the Potential to Create

question 86

Multiple Choice

Suppose that large scale pork production has the potential to create groundwater pollution. Why might this type of pollution be considered an externality?

• A) the groundwater pollution reduces the cost of large scale pork production
• B) the economic impact of a large-scale pork production facility is localised in a small geographic area
• C) the pollution has the potential for creating a health risk for water users in the region surrounding the pork production facility
• D) consumers will not reap the benefits of lower production cost from large-scale pork production

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Definitions:

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Financial instruments representing money borrowed that must be repaid, including bonds, notes, and bills.

Equity Securities

Equity securities are financial assets representing ownership interest in a company, such as stocks, and can generate income through dividends or capital gains.

Strategic Purposes

Objectives or goals that are designed to achieve the long-term vision of an organization through planned and purposeful actions.