Figure 5-10 Chicken Pox Vaccinations for Toddlers Benefit Society

question 253

Multiple Choice

Figure 5-10 Chicken pox vaccinations for toddlers benefit society by protecting young children and by preventing an epidemic of the disease. Thus, the social benefits of chicken pox vaccinations exceed the private benefit for any quantity of vaccinations as illustrated in Figure 5-10.
-What is the rationale behind a marketable emission allowance scheme?

• A) to create of a market for externalities: the scheme brings together buyers and sellers of marketable permits
• B) to discipline polluting firms by specifying the maximum amount of emissions allowed and giving them permits to pollute up to their allowance
• C) to raise revenue for the government through the sale of emission permits and at the same time set an emissions target
• D) to provide firms with the incentive to consider less costly alternatives to pollution reduction by making firms pay for the right to pollute beyond their specified allowance

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Definitions:

Flexible

Capable of adapting to new, different, or changing requirements or situations without significant difficulty.

Coercive Messages

Communication that uses threats or forceful tactics to influence the behavior or beliefs of others, often seen in advertising, negotiations, or persuasive contexts.

Softening Up

A strategy used to gradually build support or reduce opposition for a new policy, idea, or change through communication and persuasion.

Friendly Persuasion

The use of positive, non-coercive tactics aimed at convincing others to adopt a viewpoint or take an action.