Because Government Bodies Have the Power to Impose Limits on How

Multiple Choice

Because government bodies have the power to impose limits on how much of a resource is consumed:

A) it can be efficiency enhancing in markets for common resources.
B) it will always cause deadweight loss.
C) they decide what is the "right" amount for the public to consume.
D) they will often correct a market before testing the effectiveness of social norms to correct the problem.