Multiple Choice
When the government intervenes in markets with externalities,why does it do so
A) to increase production when negative externalities are present
B) to protect the interests of bystanders
C) to make certain all benefits are received by market participants
D) to better coordinate the actions of buyers and sellers
Correct Answer:

Verified
Correct Answer:
Verified
Q46: Under what conditions is a market affected
Q47: Which policy is government most inclined to
Q48: Assume that your roommate,Vanessa,is very messy and
Q49: Air pollution creates a negative externality.Which of
Q50: Graphically illustrate the quantity of pollution that
Q52: When a market experiences a positive externality,what
Q54: A negative externality causes a private market
Q55: What is the belief with industrial policy<br>A)Industries
Q56: What is meant by “internalizing” an externality?
Q162: The patent system gives firms greater incentive