New Homes Built by the Airport Suffer from Noise Pollution

question 24

Multiple Choice

New homes built by the airport suffer from noise pollution created by a change in air-traffic patterns.If compensation is paid to the homeowners,_____.

• A)they will internalize the externality
• B)they will use the money to buy soundproofing for their homes
• C)it should be equal to the marginal cost of their harm
• D)it will reduce or eliminate any incentive to avoid the problem

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Definitions:

Written, Printed Communication

The exchange of information or messages through texts that are inscribed on a physical medium like paper.

Immediate Interaction

Direct and real-time communication or engagement between individuals or entities.

Written Medium

A form of communication that involves the expression of thoughts, ideas, or information through the written word, including books, articles, emails, and social media posts.

Print Channel

A medium through which printed materials are distributed to a target audience.