The Reason Why Cleanup Costs Are Lower for a Taxes

question 213

Multiple Choice

The reason why cleanup costs are lower for a taxes approach than for a direct controls approach is that

• A)all firms reduce pollution equally and fairly.
• B)firms that are able to clean up at lowest cost do so; others don't.
• C)large polluters clean up the most, which is always lowest cost.
• D)small polluters clean up the most, which is generally the cheapest.

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Definitions:

Health Consciousness

An awareness of and making choices toward a healthy and fulfilling life.

Frozen Meal Market

Refers to the commercial sector involved in producing, distributing, and selling pre-prepared and packaged meals that require minimal preparation before consumption.

Estimate

An approximate calculation or judgment of a value, number, quantity, or extent of something.

Health Consciousness

An awareness and consideration for the health implications of one's habits and decisions, particularly in consumption and lifestyle.