To Internalize the External Costs of Pollution Is To

question 56

Multiple Choice

To internalize the external costs of pollution is to:

• A) levy taxes on manufacturing firms located in crowded urban areas.
• B) auction off pollution rights to those willing to pay the most for them.
• C) make the polluter pay all of the costs associated with the polluting activity.
• D) require that private citizens rather than taxpayers pay for the harmful effects of pollution.

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Definitions:

Rational Choice Theory

A framework for understanding and modeling social and economic behavior based on the assumption that individuals act rationally, making decisions to maximize their personal benefit.

Brym And Lie

Authors known for their contributions to the field of sociology, often referenced for their work in textbooks and academic research.

Exchange Theory

A sociological and psychological theory that analyzes social interactions as transactions where individuals seek to maximize rewards while minimizing costs.

Dramaturgical Analysis

Dramaturgical analysis is a perspective in sociology that interprets social interactions as if they were part of a theatrical performance, where individuals manage impressions in front of others.