Assume That Production from an Electric Utility Caused Acid Rain

question 155

Multiple Choice

Assume that production from an electric utility caused acid rain and that the government imposed a tax on the utility equal to the cost of the acid rain.This is an example of

• A)a transactions cost.
• B)a Pigovian tax.
• C)a Pigovian subsidy.
• D)the Coase Theorem.

---

Definitions:

Assessment

The process of evaluating or estimating the nature, ability, or quality of something, often used in educational and psychological contexts.

Birth

The process of giving life through the emergence of a newborn from the body of its mother; the beginning of life outside the uterus.

Prepared Childbirth Methods

Techniques and education designed to prepare expectant mothers and families for labor and delivery, emphasizing pain management without drugs and reducing anxiety through knowledge.

Education

The process of receiving or giving systematic instruction, especially at a school or university.