Energy Star is a voluntary labeling program designed to identify and promote energy-efficient products to reduce greenhouse-gas emissions. This is an example of a ________ to solve an externality
A) Coasian approach
B) Pigouvian approach
C) command and control mechanism
D) social enforcement mechanism
D
You might also like to view...
If the United States exports planes to Brazil and imports ethanol from Brazil, the price received by U.S. producers of planes ________, and the price received by Brazilian producers of ethanol ________
A) does not change; does not change B) rises; rises C) rises; falls D) falls; rises E) falls; falls
The function of the financial statement, which colleges ask parents to fill out to make their children eligible for tuition scholarships, is to
A) determine cases of genuine need. B) maintain the college's eligibility for federal assistance. C) permit the college to confine its aid to students who can make most effective use of the aid. D) provide information about the demand curves of potential customers.
A lesson from the Brazilian experiment was that:
a. infant industry protection is almost never successful. b. there are many determinants other than market price that also factor into an industry's success—firms had supplier difficulties and were hampered by excessive regulation. c. government usually knows better than the market whether an industry has potential. d. when politicians get involved, rational decisions and good business practices are more difficult.
What tool would you employ to analyze the relationship between gasoline prices and consumer? behavior?
A.Refining models. B.Fashion models. C.Economic models. D.Accounting models.