If the punishment associated with breaking a government ban is not severe enough, it may:
A) not alter the trade-offs enough to change the consumption patterns of the banned good.
B) increase consumption of the good, exaggerating the problem.
C) still decrease consumption of the good if the price of the good changes.
D) still be effective if it gains enough media attention.
Correct Answer:
Verified
Q97: Using a common resource:
A)creates a positive externality
Q98: When consumers don't have to pay for
Q99: A road would be considered a common
Q100: When government bodies use their power to
Q101: When the optimal quantity of consumption is
Q103: Bans or quotas that limit the use
Q104: Bans and quotas _ succeed in situations
Q105: Tradable allowances may be a better solution
Q106: Tradable permits are useful in allocating common
Q107: A government ban on a good that
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