Multiple Choice
The government can intervene to achieve the socially optimal quantity of a common resource by:
A) assigning property rights.
B) imposing a tax on usage.
C) granting a limited number of tradable permits to use the good.
D) assigning property rights, imposing a tax on usage, and/or granting a limited number of tradable permits to use the good.
Correct Answer:
Verified
Correct Answer:
Verified
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