Post Utme Caleb University 2019 General Studies Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Caleb University General Studies examination.

Post Utme Caleb University 2019 General Studies Objective / Multiple Choice
Question 34 POST_UTME_CALEB_UNIVERSITY • 2019 • GENERAL STUDIES • objective

A government is considering implementing a new policy to reduce carbon emissions. The policy involves increasing the price of fossil fuels. What type of economic theory is most relevant to this policy?

Answer Options

A. Supply and demand theory
B. Opportunity cost theory
Correct Answer C. Externalities theory
D. Public goods theory
Correct Answer
C
Correct Option:
Externalities theory

About This Question

This is Post Utme Caleb University 2019 General Studies Question 34. It is one of the objective questions from the 2019 Post Utme Caleb University General Studies examination.

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