Negative externality is defined as the cost that is incurred by a individual who isn't involved in the economic transaction.
In the above question, the following is the example of negative externality: smoking harms the health of nonsmokers who are nearby.
Here, the cost is incurred by the nonsmokers who are standing nearby individuals who prefer smoking. Thus creating negative externality.
Therefore, the correct option is (c)
"discourage producers from taking harmful actions". on edge
B on edge
B) discourage producers from taking harmful actions
I would say the answer would be B. Smoking not only produces negative effects on human health but also on the environment.
Hope I helped ^-^
None you would be a bad person if you did.
Smoking can cause lung disease by damaging your airways and the small air sacs (alveoli) found in your lungs. Lung diseases caused by smoking include COPD, which includes emphysema and chronic bronchitis. Cigarette smoking causes most cases of lung cancer.
The answer is: discourage producers from taking harmful actions.
Government regulation refers to the rules made and maintained by the authority of the state, which involve property rights, the prevention of monopolies and disadvantageous activities, and the inspection of working conditions. For example, it is necessary the intervention of government regulation when employees are required to work in unsafe circumstances.
The correct answer is to "discourage producers from taking harmful actions".
Government regulation aims to produce and enforce the laws under which private corporations, which seek profit, operate. These efforts aim to audit a company's:Labor relations, guaranteeing fair labor practices from the companies.Fusions and Acquisitions, guaranteeing a company is not big enough in order to control the prices offered in the market. Safety, guaranteeing that companies' facilities operate under adequate safety standards.
i believe your answer would be c.. : )