Direct Controls Are Generally Much More Costly Than Emissions Taxes

question 36

Multiple Choice

Direct controls are generally much more costly than emissions taxes because

• A)under direct controls emissions cutbacks are usually not apportioned among the firms on the basis of their ability to reduce pollution cheaply and efficiently.
• B)emissions tax per unit of output is higher than the per-unit direct control program cost.
• C)government cannot legally levy emissions taxes that are as high.
• D)firms disregard emissions taxes.

Understand the sociocultural and psychological factors contributing to sexual violence and its perception.

Critique and understand the historical perspectives on sexual behaviors.

Evaluate contemporary understandings of sexual disorders and their treatments.

Understand the role of positive psychology in the treatment of sexual offenders.

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Definitions:

Socially Efficient Quantity

The level of production or consumption of a good or service that results in the optimal allocation of resources, considering both private and social costs and benefits.

Profit-Maximizing Quantity

The level of production at which a company achieves its highest profit, where marginal cost equals marginal revenue.

Average Total Cost

The total cost divided by the quantity of output produced; it is the sum of average fixed costs and average variable costs.

Marginal Cost

The extra cost incurred when one more unit of a product or service is produced.