True/False
When external costs are present and government imposes a tax equal to the external marginal cost, then efficiency can be achieved.
Correct Answer:

Verified
Correct Answer:
Verified
Q190: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q191: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q192: If the marginal social benefit of a
Q193: Consider a market in which there is
Q194: A private subsidy has what effect on
Q196: If the production of a good creates
Q197: One way that government can encourage the
Q198: Vouchers create the efficient outcome only if
Q199: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q200: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above