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Identify the Statement That Challenges the Perspective That Ad Hoc

Question 3

Multiple Choice

Identify the statement that challenges the perspective that ad hoc attempts to repair market failures are environmentally inadequate.


A) Markets can work to prevent harm only through information supplied by the existence of market failures.
B) We learn about market failures and thereby prevent harms in the future only by sacrificing the first generation as a means for gaining this information.
C) Business has wider environmental responsibilities than those required under a narrow free market approach.
D) External costs should be internalized, and property rights should be assigned to unowned goods such as wild species.

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