A problem with pollution charges or taxes as a solution to pollution is that
A) people don't want the government to regulate industry.
B) the necessary information about the polluting industry is costly and usually unavailable.
C) taxes are already too high.
D) pollution would still continue.
E) the producers do not want the property right to their pollution.
B
You might also like to view...
The maximum price that a consumer is willing to pay for a good is called:
A) the reservation price. B) the market price. C) the first-degree price. D) the block price. E) the choke price.
Relative prices formed in a market process
What will be an ideal response?
The components of the expenditure approach to measuring GDP include all of the following EXCEPT
A. expenditures for business investments. B. net exports. C. the implicit payments for unpaid household work. D. government purchases of goods and services.
If a minimum wage is established, a monopsonist faces
A) an upward sloping supply of labor at all quantities of labor. B) a downward sloping supply of labor at all quantities of labor. C) a horizontal supply of labor at the minimum wage and the upward sloping portion of the labor supply curve above minimum wage. D) a horizontal supply of labor at the minimum wage and the downward sloping portion of the labor demand curve below minimum wage.