Multiple Choice
Correcting a market with an externality through taxation is _______ correcting it through the use of a quota.
A) more efficient than
B) less efficient than
C) just as efficient as
D) All of these could be true dependent on whether the tax is imposed on the buyer or seller.
Correct Answer:
Verified
Correct Answer:
Verified
Q73: When a positive externality is present in
Q74: A market with a negative externality has
Q75: If the government were to restrict consumption
Q76: If the government's provision of a subsidy
Q77: What tool can a government use to
Q79: Which type of tax is intended to
Q80: Efficient solutions to solving externality problems:<br>A)are always
Q81: External benefits accrue:<br>A)directly to the decision maker
Q82: Economists propose that a tax intended to
Q83: A market with a negative externality will