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The use of chlorofluorocarbons in refrigerators and air conditioners is alleged to cause the destruction of the ozone layer that surrounds the earth and which protects humans from ultraviolet radiation.Output of this substance has been restricted by a licensing system where producers have to bid in the open market for licenses to produce them in specified quantities.This is an example of dealing with externalities by
Recommendation
An advice or suggestion put forward for consideration by others, often based on expertise or experience.
Assessment
The process of evaluating or estimating the nature, ability, or quality of something, often through collecting and analyzing data.
Stereotyping
The oversimplified and generalized belief or expectation about individuals based on their membership in a particular group, often leading to prejudgement.
Denotative
Relating to the explicit or direct meaning of a word or expression, as opposed to its connotative or associated meanings.
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