Solved

Without Government Regulation or Incentives, Most Firms That Produce Pollutants

Question 18

Multiple Choice

Without government regulation or incentives, most firms that produce pollutants as a byproduct of their manufacturing process will usually


A) maximize profit, but are willing to spend money to ensure that the byproducts more than meet existing government standards.
B) look for innovative production processes that reduce the amount and toxicity of the byproducts.
C) consider the public good and be satisfied with reduced profits.
D) tend to maximize profit by reducing production costs-including the costs of environmental protection.

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