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Business, 24.03.2021 20:10 KillerSteamcar

Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream into a lake that has become thick with algae and polluted due to the minerals in the waste matter. The local office of a nonprofit environmental organization successfully lobbies state regulators to stop the farm's pollution. Which of the following types of private solutions to the externality of pollution has occurred in this case?
a. Integration of different types of businesses
b. Contracts
c. Moral codes and social sanctions
d. Charities

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