Suppose a Firm Pollutes a River When It Produces a Product.To

question 55

Multiple Choice

Suppose a firm pollutes a river when it produces a product.To achieve the efficient amount of output,a government could impose a ________ that equals the ________ of the pollution.

• A) pollution charge; marginal social cost
• B) pollution charge; marginal external cost
• C) pollution tax; marginal social cost
• D) pollution tax; marginal external cost
• E) pollution subsidy; marginal social cost

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Definitions:

Ideal Self

The version of oneself that a person aspires to be, encompassing their goals, values, and desires for personal improvement.

Anxiety

An emotion characterized by feelings of tension, worried thoughts, and physical changes like increased blood pressure, stemming from anticipation of future danger or misfortune.

Abstract Level

The degree to which concepts, ideas, or representations lack specific, concrete details, allowing for more generalized or theoretical thinking.

Goals

Targets or outcomes that an individual or organization aims to achieve through certain actions.