Which Antipollution Policy Would Be Least Likely to Make Use

question 25

Multiple Choice

Which antipollution policy would be least likely to make use of cost-benefit analysis?

• A) Creating a market for pollution rights
• B) Charging polluters an emission fee
• C) Enacting legislation that bans pollution
• D) Using private bargaining when the property rights are clearly defined,the number of people involved is small,and negotiation costs are small

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Definitions:

Job-Order Costing

An accounting method used to track costs and evaluate the profitability of individual jobs or batches.

Work In Process

Inventory items that are in the middle of the manufacturing process and are not yet completed products.

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to end-users.

Job-Order Costing

A cost accounting system used to accumulate costs of individual jobs, typically used in manufacturing firms that produce unique products or jobs.