Laws that enforce chemical hazard control are examples of government intervention that is intended to reduce
A)efficiency.
B)equality.
C)externalities.
D)productivity.

Question

Quizplus · Accepted Answer

Laws that enforce chemical hazard control are designed to mitigate externalities, which are costs or benefits that affect parties who did not choose to incur those costs or benefits. By regulating chemical hazards, the government aims to reduce the negative externalities (such as pollution and health risks) that could affect the public and the environment.

Laws That Enforce Chemical Hazard Control Are Examples of Government