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Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, answer the following questions:
- What two policies could you use to reduce the total amount of emissions?
- Why do you think they each would work?
- What would the benefits of each action be (besides emissions reduction)?
- What would the costs of each action be?
- How would you decide what was the best level of emission reduction?
What else can I help you with?
When people make decisions they take into considerstion all available information however sometimes choices result in?
unintended results
Who said If you subsidize something you get more of it?
The phrase "If you subsidize something, you get more of it" is often attributed to economist Milton Friedman. He emphasized that government subsidies can lead to an increase in the production or consumption of the subsidized goods or services, sometimes resulting in unintended consequences. This concept highlights the economic principle that incentives influence behavior.
What does quaternary production mean?
The quaternary sector of the economy consists of intellectual activities. Activities associated with this sector include government, culture, libraries, scientific research, education, and information technology.It is sometimes mixed with tertiary sector, but some say it is distinct enough to stand alone.
Which of these is sometimes included as a fourth factor of production?
intellectual capital
What term is sometimes used to refer to factors of production?
productive inputs
What do you get from revolution?
You get change, sometimes with unintended consequences.
How do revolutions improve society?
They bring change, sometimes with unintended consequences.
When people make decisions they take into considerstion all available information however sometimes choices result in?
unintended results
What activities are checked as sometimes?
What activities are checked as always
What does potential suspicious activities mean?
Potential suspicious activities can sometimes lead to evidence or can sometimes turn out to be innocent.
Why does your laptop screen go blank sometimes with no way of correcting it other than to switch off and on again?
it probably means you have a virus
What is the colour of the costume that kick ass wears?
It's green. But due to the colour correcting in the movie it appears sometimes blue, sometimes green, and in the DVD version it's especially blue.
What is throughtput is sometimes called?
production
What does quaternary production mean?
The quaternary sector of the economy consists of intellectual activities. Activities associated with this sector include government, culture, libraries, scientific research, education, and information technology.It is sometimes mixed with tertiary sector, but some say it is distinct enough to stand alone.
What was the Revolutionary War for?
Revolutions seek fundamental change. Sometimes such change is not in the best interest of those involved and there can be unintended consequences that arise as a result of such change.
Can you rewrite this question by correcting the mistakes in it?
Re-writing a question while correcting the mistakes in it is not difficult at all. Spell check is a great tool to use to check spelling, which can make the process easier.
What is the definition of Hoax?
Hoax is a trick or joke played on a person. It often has unintended consequences and in some cases can be illegal. The are sometimes used in connection with attempts to defraud someone.
