Statement I.Pollution Is an Example of Market Failure

question 193

Multiple Choice

Statement I.Pollution is an example of market failure.
Statement II.Externalities can be costs or benefits.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Auditory Learners

Individuals who learn best through listening and are more efficient in absorbing information through audio inputs rather than visual or kinesthetic methods.

Visual Learners

Individuals who learn best through visual elements such as charts, graphs, and images.

Verbal Learners

Individuals who learn best through linguistic and auditory means, such as reading and listening.

Positive Gesture

A nonverbal action or movement that conveys a supportive or affirmative message, promoting positive interaction.