Which of the following describes the external price that must be paid by those in surrounding communities when pollutants are generated?

a. Private costs
b. Divergent costs
c. Market costs
d. Social costs


Answer: D

Philosophy & Belief

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Units of utility can be equated roughly with units of money

a. in some decisions concerning games of chance. b. whenever probabilities are known. c. in any decision under certainty. d. All of these choices.

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For Royce, we must come to realize that __________

a. our experiences and our neighbors’ experiences are not the same. b. our neighbors’ experiences are no less significant than our own. c. our future selves are an illusion. d. all of the above

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Moral responsibility involves determining who did what

Indicate whether the statement is true or false

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