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    Microeconomics Study Set 49
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    Exam 17: Externalities and Public Goods
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    When the Government Can Set Emissions Standards for Polluting Industries
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When the Government Can Set Emissions Standards for Polluting Industries

Question 54

Question 54

True/False

When the government can set emissions standards for polluting industries, the government should employ emissions taxes instead because emissions standards cannot generally achieve the social optimum.

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