Identify the statement that challenges the perspective that ad hoc attempts to repair market failures are environmentally inadequate.
A. External costs should be internalized, and property rights should be assigned to unowned goods such as wild species.
B. Business has wider environmental responsibilities than those required under a narrow free market approach.
C. Markets can work to prevent harm only through information supplied by the existence of market failures.
D. We learn about market failures and thereby prevent harms in the future only by sacrificing the first generation as a means for gaining this information.
Answer: A
You might also like to view...
The mean is sensitive to extremely small or extremely large values (outliers)
Indicate whether the statement is true or false
A major difficulty with the use of prototype stores is the _____
a. inconsistent store image b. higher purchase costs for fixtures c. inflexibility in dealing with special site characteristics d. difficulty in applying standardized operating cost controls to different locations
Self-service retailers usually have selling space as a large proportion of total store space
Indicate whether the statement is true or false
The bonds' future cash flows include the par value paid at maturity and the interest payments.
Answer the following statement true (T) or false (F)