An effluent fee
A) is a reward to companies using production methods that create positive externalities.
B) is also called a pollution subsidy.
C) gives a firm the right to pollute if it pays a tax on what it discharges.
D) is intended to influence the market by increasing supply and decreasing price.
C
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Exhibit 30-1
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Economic growth in any country is reflected by an increase in real GDP
a. True b. False Indicate whether the statement is true or false
In the U.S. government's 1998 suit against the Microsoft Corporation, a central issue was whether Microsoft should be allowed to integrate its Internet browser into its Windows operating system. Microsoft responded that
a. this integration of products is an example of tying, and the U.S. Supreme Court has consistently ruled that tying is a perfectly acceptable and legal business practice. b. this integration of products is an example of resale price maintenance, and the U.S. Supreme Court has consistently ruled that fair trade is a perfectly acceptable and legal business practice. c. putting new features into old products is a natural part of technological practice. d. it would discontinue this integration of products, provided a speedy resolution of the government's case could be reached.
In the Microsoft case, the company was accused of violating that law the prohibits
A. firms from attempting to undercut competitors' prices. B. firms from successfully achieving monopoly status. C. firms from using their monopoly in one market to increase market share in another. D. charging prices that are unfairly too high.