When the Environmental Protection Agency adopts regulations that force power plants to take into consideration the actual costs to deal with pollution and the health problems it causes, what type of market failure is the EPA addressing?
A. negative externality
B. natural monopoly
C. positive externality
D. barriers to exit and entry
A. negative externality
You might also like to view...
During Reconstruction, which group was restricted from voting, and what was a result of that group not being allowed to vote?
What will be an ideal response?
In the 1880s and 1890s, the white primary prevented white Americans from voting in Democratic primary elections.
Answer the following statement true (T) or false (F)
The leader’s role as coordinator is facilitated by the regular exchange and circulation of information about what might be done and what is under consideration
Indicate whether the statement is true or false.
In authoritarian systems, governments ______.
A. empower individuals to shape society B. have a robust welfare system C. support free elections for judges and other lower level civil servants D. make substantive decisions about how people ought to live their lives