In order to correct the problems associated with external costs,O standards must be established that make it illegal to pollute.O the prices of all goods must be raised so people will consume less of the world's resources.the government must take over production of industries that are responsible for most of the pollution.the signals given to the economy must change so that decision-makers will take into account all the costs of their actions.

External cost refers to cost associated with social or environmental effects.

In order to correct the problems associated with external costs. O standards must be established that make it illegal to pollute. O the prices of all goods must be raised so people will consume less of the world's resources. O the government must take over production of industries that are responsible for most of the pollution. O the signals given to the economy must change so that decision-makers will take into account all the costs of their actions.

In order to correct the problems associated with external costs. O standards must be established that make it illegal to pollute. O the prices of all goods must be raised so people will consume less of the world's resources. O the government must take over production of industries that are responsible for most of the pollution. O the signals given to the economy must change so that decision-makers will take into account all the costs of their actions.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

Most people, economists included, consider child labor to be morally unacceptable and would support aggressive efforts to eliminate such practices-including shutting out imported products made with such labor. Which of the following is true? Select the correct answer below: child workers will have to go back to school and improve their skills eliminating such practices may not be a good solution as workers may have even less attractive alternative jobs, perhaps scavenging garbage or prostitution O such practices will make it possible for children to not be exploited O governments will have to step up their financial aid to needy families so children will not have to work
Pollution Prevention, P2 Investment Heaps Company produces jewelry that requires electroplating with gold, silver, and other valuable metals. Electroplating uses large amounts of water and chemicals, producing wastewater with a number of toxic residuals. Currently, Heaps uses settlement tanks to remove waste; unfortunately, the approach is inefficient, and much of the toxic residue is left in the water that is discharged into a local river. The amount of toxic discharge exceeds the legal, allowable amounts, and the company is faced with substantial, ongoing environmental fines. The environmental violations are also drawing unfavorable public reaction, and sales are being affected. A lawsuit is also impending, which could prove to be quite costly. Management is now considering the installation of a zero-discharge, closed-loop system to treat the wastewater. The proposed closed-loop system would not only purify the wastewater, but also produce cleaner water than that currently being…
Ethics Codes help companies to keep a standardized way to take decisions else the decision can be biased. Unethical behaviors can damage the reputation of the company. Also if companies do not take strong measures against these then these can have a negative impact on others. The public or other stakeholders' interest can be subdued by personal interest. The impact of unethical behavior can have a long-term effect on any company's operation. Saint Leo's core values are Excellence, Community, Respect, Personal Development, Responsible Stewardship, and Integrity. Unethical behavior does not comply with any of it.
M4
Piracy, however, is the direct copy of a company’s product and is unethical. Piracy is most prevalent in the video, music, perfume, and designer clothing industries, and is not a replacement for new-product development. Think about and discuss: Does the AMA Statement of Ethics address this issue? Go to ama.org/codesofconduct and review the statement. Then write a paragraph on what the AMA Statement of Ethics contains that might relate to knock-off products.
In light of the fact that people are finding it difficult to earn a living during the pandemic, what do you consider to be a profitable crop-related business? Justify.
The head of the accounting department is not satisfied with the implementation of the new system. He believes that the new system will result in job losses for many of the bookkeepers. They are threatening industrial action. In your role as project sponsor, what should you do to resolve the situation?
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