From the Perspective of an Externality, Most Communities Have Zoning

question 176

Multiple Choice

From the perspective of an externality, most communities have zoning laws to:

• A)control external benefits.
• B)control external costs.
• C)encourage positive externalities.
• D)raise government revenues.

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Definitions:

Proportional Differences

Variations that are relative to the size or significance of the items being compared.

Proportional Differences

Refers to the comparison of ratios or fractions, highlighting the relative difference in size or magnitude between two or more quantities.

E. H. Weber

A pioneering psychologist and physician known for his work in the somatosensory system and Weber's Law, which relates to the perceived change in a stimulus to its initial intensity.

Absolute Differences

The minimum amount by which two sensory stimuli can differ for an individual to perceive them as different.