Direct Pollution Controls Can Be Inefficient Because,for Any Given Amount

question 91

Multiple Choice

Direct pollution controls can be inefficient because,for any given amount of pollution reduction,they

• A)create new pollution as they eliminate existing pollution.
• B)take into account differing marginal costs among firms.
• C)do not minimize the total cost of pollution abatement.
• D)cost too much to enforce.
• E)are not complied with by firms.

---

Definitions:

Minimum Wage

The lowest legal wage that employers can pay workers, set by government policy with the aim to ensure a minimum standard of living for employees.

Normative Economics

A branch of economics that expresses value judgments about economic fairness or what the economy should be like.

Minimum Wage

The lowest legal hourly wage that an employer can pay an employee.

Employment Among Teenagers

This term refers to the participation of individuals aged 13 to 19 in the labor force, including both those employed and seeking employment.