Multiple Choice
Which of the following is a plausible solution to a distortion?
A) By centralizing the privately owned enterprises
B) By shutting down any industry which is contributing to atmospheric pollution
C) By imposing a tax or subsidy on the activity if the social marginal cost or the social marginal benefit exceeds the market price
D) By imposing an importation ban on manufactured goods
Correct Answer:
Verified
Correct Answer:
Verified
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