Multiple Choice
Rising prices help control the process of resource depletion by
A) encouraging consumption and waste.
B) stimulating more efficient use of the depletable resource.
C) disincentivizing resource-saving innovation.
D) stimulating resource imports.
Correct Answer:
Verified
Correct Answer:
Verified
Q198: Americans are creating an enormous amount of
Q199: A market with an externality can<br>A)underproduce or
Q200: The external costs of alcohol consumption are
Q201: When pollution emissions can be measured, taxation
Q202: The use of chlorofluorocarbons in refrigerators and
Q204: Direct controls<br>A)rely on the criminal justice system
Q205: Direct controls are considered inefficient because all
Q206: Concerns about environmental damages arise from<br>A)concerns about
Q207: Which fact about recycling is incorrect?<br>A)Between 1980
Q208: Price controls on resources generally lead to