Which of the following is assumed to be the most important motivation for producers?
A) The desire to minimize external costs.
B) The desire to maximize economic profits.
C) The desire to minimize social costs above private costs.
Correct Answer:
Verified
Q5: According to EPA studies,the United States generates
Q6: The behavior of profit-maximizing producers is guided
Q7: Thermal pollution is brought about by the
Q8: If the social costs of an economic
Q9: When external costs are present,
A)There is market
Q11: According to the text,which of the following
Q12: From an economic standpoint,the pursuit of a
Q13: External costs are the difference between
A)Social costs
Q14: Which of the following is not the
Q15: Assigning values to environmental damage is relatively
A)Easy
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