New homes built by the airport suffer from noise pollution created by a change in air-traffic patterns. If compensation is paid to the homeowners, _____.
a. they will internalize the externality
b. they will use the money to buy soundproofing for their homes
c. it should be equal to the marginal cost of their harm
d. it will reduce or eliminate any incentive to avoid the problem
Question 2
An income tax _____.
a. increases the return to bearing risk, if the company is a monopolist
b. has no impact on the return to bearing risk
c. increases the return to bearing risk
d. reduces the return to bearing risk
Point Sources of Pollution
Change in Drawing Abilities from Early to Middle Childhood Drawings become more realistic as fine m
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Children who witnessed violence in their homes
(left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur
Lawn Fertilizer and Water Pollution