Consider a Situation in Which a Utility Company Emits High

question 27

Multiple Choice

Consider a situation in which a utility company emits high levels of sulphur 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

---

Definitions:

Closeout

The final phase in a project where tasks are completed, documents are finalized, and the project is formally closed.

Execution Phase

The stage in a project’s lifecycle where planned tasks and activities are carried out to deliver the project's objectives.

Information Technology

The use of computers and software to manage information, including data processing, storage, and transmission.

Software Code

The written commands and instructions that tell a computer how to perform specific tasks and operations.