The Failure of Markets to Adequately Protect the Environment Can

question 191

Multiple Choice

The failure of markets to adequately protect the environment can viewed either as a problem of

• A)externalities or as a problem of common resources.
• B)externalities or as a problem of private goods.
• C)the overprovision of public goods or as a problem of the underprovision of private goods.
• D)club goods or as a problem that arises when the quantity of excludable goods exceeds the socially-efficient quantity.

---

Definitions:

Metabolic Syndrome

A cluster of conditions—increased blood pressure, high blood sugar, excess body fat around the waist, and abnormal cholesterol levels—that occur together, increasing the risk of heart disease, stroke, and diabetes.

Restlessness

A state of inability to remain still or calm, often leading to physical or psychological discomfort.

Drowsiness

A state of feeling abnormally sleepy or tired, often leading to a decreased level of consciousness and a diminished ability to remain awake.

Self-instructional Technique

Cognitive-behavioral techniques where individuals guide their own actions and thoughts through verbalizations to themselves.