Consider a Situation in Which a Utility Company Emits High

question 27

Multiple Choice

Consider a situation in which a utility company emits high levels of sulphur dioxide and the company is not liable for the damages its pollution causes.According to the Coase theorem, government action is ________ to achieve an ________ amount of pollution.

• A)necessary; equitable
• B)necessary; efficient
• C)not necessary; equitable
• D)not necessary; efficient

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Definitions:

Individual's Ability

The capacity or skillset possessed by a person, which can influence their performance in various tasks.

Motivation

The inner drive or factors that stimulate individuals to take actions towards achieving their goals or satisfying their needs.

Frederick Herzberg

An influential American psychologist known for developing the Motivation-Hygiene Theory, which distinguishes between factors that create job satisfaction (Motivators) and those that prevent dissatisfaction (Hygiene factors).

Motivational Tool

Any technique, strategy, or incentive used to inspire individuals or teams to achieve their goals and improve performance.