Internalizing external costs
A) involves making the market price approach the true cost of an economic good.
B) fails to include the cost of pollution.
C) omits the costs of taxes.
D) increases the chance for environmental degradation.
E) lowers the cost of goods and services.
Correct Answer:
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Q2: GPD and per capita GDP
A)measure and compare
Q3: The models of ecological economists focus on
A)resource
Q4: Environmental economists
A)view the earth's natural capital as
Q5: Which of the following business activities represents
Q6: The science of economics examines
A)the ways in
Q8: Tradable pollution rights
A)are not a market strategy
Q9: Tax shifting can be used as an
Q10: The _ price that we pay for
Q11: Full-cost pricing
A)could be implemented through government action.
B)reduces
Q12: Which of the following is an assumption
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