Which of the Following Is an Example of a Pigovian

question 98

Multiple Choice

Which of the following is an example of a Pigovian tax?

• A) payments by utilities to obtain tradable emissions allowances
• B) a payroll tax
• C) payments for licenses to pollute
• D) a tax imposed on a utility that internalises the cost of externalities caused by the utility

Analyze the role of free entry and exit in the long-term profitability of firms in a perfectly competitive market.

Recognize the conditions under which a perfectly competitive firm will break even, earn profits, or incur losses.

Understand how a perfectly competitive firm's marginal cost curve relates to its supply curve.

Understand the dynamics between traditional authority and bureaucracy.

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Definitions:

Alkyne

A hydrocarbon that contains at least one carbon-carbon triple bond, characterized by the formula CnH2n-2.

1H NMR

A type of nuclear magnetic resonance spectroscopy focusing on the detection of hydrogen-1 isotopes, used to determine the structure of organic compounds.

KMnO4

Potassium permanganate is a chemical substance utilized as an oxidizing agent in a variety of chemical processes.

Major Organic Product

The primary product of an organic reaction, which is formed in the greatest amount.