menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics for Business
  4. Exam
    Exam 20: Reasons for Government Intervention in the Market
  5. Question
    What Are the Advantages and Disadvantages of Using Taxes and Subsidies
Solved

What Are the Advantages and Disadvantages of Using Taxes and Subsidies

Question 11

Question 11

Essay

What are the advantages and disadvantages of using taxes and subsidies to correct market imperfections?

Correct Answer:

verifed

Verified

Advantages:
• They internalise externali...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: The performance of a company adopting a

Q7: The Coase theorem states that some problems

Q8: Minimum and maximum price legislation is less

Q9: If someone spends their income to achieve

Q10: Instability and an inability of the economy

Q12: In the first- best world, where there

Q13: The difficulty of getting people to pay

Q14: If the provision of health care were

Q15: The 'virtue matrix' generating corporate social responsibility

Q16: The condition that ensures that the right

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines