Economists Typically Suggest Three Choices That Allow a Polluter to Decide

question 16

Multiple Choice

Economists typically suggest three choices that allow a polluter to decide how to absorb most, or perhaps all, of the social costs of its actions, which are

• A) continuing to overproduce the good, lowering the price of the good, or cutting output.
• B) reducing the pollution-causing activity, changing production techniques, or paying a price to pollute.
• C) installing pollution abatement equipment, paying to pollute, or just ignoring the issue.
• D) paying a pollution tax, continuing to use existing production techniques, or continuing the polluting behavior without regard to the social implications.

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Definitions:

Depression

A mental health condition characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Alcohol

A psychoactive substance, commonly found in drinks such as beer, wine, and spirits, that can lead to intoxication and various health effects.

Drug Abuse

The habitual misuse of drugs, leading to negative impacts on one’s health, social, or occupational life.

Partner Violence

Refers to physical, sexual, or emotional abuse by one person in an intimate relationship against the other partner.