Which of the following would be an example of a nongovernmental solution to a problem associated with externalities?

a. society's preference to drive large cars and SUVs
b. new stricter anti-litter laws
c. a general moral commitment against using sprinklers during a drought
d. tax credits for the purchase of hybrid autos

c

Economics

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The United States produced approximately ________ worth of goods and services in 2011

A) $15 trillion B) $15 billion C) $150 trillion D) $150 billion E) $1,500 trillion

Economics

A group of firms acting together to limit output, raise price, and increase economic profit is a called a

A) duopoly. B) monopolistic oligopoly. C) competitive oligopoly. D) cartel. E) multi-firm competitive monopoly.

Economics