Suppose that Megan, who is a policymaker in the state of Cargomix, believes that air and water pollution should be reduced to ze
ro.Which of the following is true?a. Policies that are enacted to reduce pollution will always end up increasing overall production in the economy.b. This is good policy, which is backed up by sound economics.c. While it is admirable for a policymaker to want to reduce air and water pollution to zero, there will likely be unwanted secondary effects from this policy.d. If firms are required to reduce pollution levels to zero, the prices of goods and services produced will fall significantly.
The correct answer is letter "C": While it is admirable for a policymaker to want to reduce air and water pollution to zero, there will likely be unwanted secondary effects from this policy.
Explanation:
Men have been taking different actions to minimize pollution so the natural environments of our planet can remain the cleanest possible. However, the economic activity, which is also vital for mankind's development, plays the role of the counterpart in some cases to reach a zero-pollution world.
For instance, the <em>oil drilling industry</em> destroys land and sea environments because of the extraction of natural fuel. Though, oil is important for the manufacturing companies that produce the goods that we consume every day or to fuel the buses we ride to go to work and study. The trillionaire industry could potentially change the economic tide of the world if oil drills were shut down immediately to eliminate pollution from its activities.
The main difference between wholesaler and retailer is that wholesaler are people who buy products in large quantities for reselling purpose to earn a profit whereas retailer is a person who sells products to the final consumer in small quantities.
