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The Side Effect of Market Mechanism

The market mechanism might also select the wrong choice about HOW to produce. Consider the message that unregulated markets communicate to producers. In an unregulated market, (31) price would be charged for using air or waterways, since (32) is owned by any individual. Producers, (33) would regard the use of air and waterways as a "free" good. Under such circumstances it would be a lot cheaper for a factory to dump its waste into nearby waterways than to dispose of it more carefully. It would also be (34) for power plants to let waste gases and soot go up in smoke than to install environmental safeguards. The resulting pollutants are an externality—a cost imposed (35) innocent third parties. Consumers would be worse off as the quality of the air and water deteriorated.
Profit-driven producers would seldom worry about externalities in a completely unregulated

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The Side Effect of Market Mechanism

The market mechanism might also select the wrong choice about HOW to produce. Consider the message that unregulated markets communicate to producers. In an unregulated market, (31) price would be charged for using air or waterways, since (32) is owned by any individual. Producers, (33) would regard the use of air and waterways as a "free" good. Under such circumstances it would be a lot cheaper for a factory to dump its waste into nearby waterways than to dispose of it more carefully. It would also be (34) for power plants to let waste gases and soot go up in smoke than to install environmental safeguards. The resulting pollutants are an externality—a cost imposed (35) innocent third parties. Consumers would be worse off as the quality of the air and water deteriorated.
Profit-driven producers would seldom worry about externalities in a completely unregulated

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[填空题]We should apply market mechanism and our policies _______________________ (必须与经济增长一致).

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[填空题]mechanism

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A. traditional Chinese Medicine
B. side-effects
C. electroshock therapy
D. liver functioning normally
E. vitamin A deficiency
F. low calorie diet
G. skin diseases
H. high protein diet
I. memory loss
J. chemotherapy
K. blood circulation
L. malnutrition
M. isolation treatment
N. hospitalization
O. prevention and eradication
P. outpatient
Q. artificial abortion
R. semi-liquid diet

( )维生素A缺乏 ( )中药

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[简答题]The positive effect of science. 2. The side effects of science. 3. Make the best use of the positive effects of science and avoid its side effects.

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[多项选择]The positive effect of science.
2. The side effects of science.
3. Make the best use of the positive effects of science and avoid its side effects.

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[简答题]

1. The positive effect of science.
2. The side effects of science.
3. Make the best use of the positive effects of science and avoid its side effects.

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