If an electric power plant does not bear the entire cost of the pollution it emits, it will
a. not emit any pollution so as to avoid the entire cost of the pollution.
b. emit lower levels of pollution.
c. emit an acceptable level of pollution.
d. emit too much pollution.
d
Economics
You might also like to view...
Which of the following characterizes the classical view of the economy?
a. The economy is inherently unstable. b. Prices and wages are not flexible. c. The economy will "self-adjust" to full employment. d. None of these.
Economics
What is the exact nominal interest rate, when the real interest rate is 5% and the expected inflation rate is 15%?
a. 5% b. 10% c. 20.00% d. 20.75% e. 25.5%
Economics