Multiple Choice
Which of the following statements is not an example of the use of persuasion to correct (or adjust for) an externality?
A) Maggie asks her neighbor to keep his dog quiet at night.
B) An environmental group conducts a sit-in at a chemical factory to demand that the firm stop polluting rivers.
C) A judicial court imposes a fine on a reckless driver.
D) The government taxes an oil refinery for creating air pollution.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: Suppose the optimal amount of X is
Q77: A negative externality is<br>A)a type of tax.<br>B)a
Q80: When positive externalities are involved, the market
Q87: Some racing horse breeders keep a few
Q91: A side effect of an action that
Q94: Exhibit 30-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 30-3
Q104: Moral hazard occurs when the parties on
Q160: If the consumption of a good by
Q161: Suppose a particular production process results in
Q168: Suppose the production of a good results