Multiple Choice
When government corrects a market with an externality present by allowing participants to buy up to the point where their net benefit is zero,they must be:
A) imposing a tariff.
B) offering a Coase tax.
C) mandating a quota.
D) imposing a tax.
Correct Answer:
Verified
Correct Answer:
Verified
Q52: If a Pigovian tax is levied on
Q53: When there are significant costs involved with
Q54: Knowing that the presence of externalities reduces
Q55: An example of a good that creates
Q56: When a negative externality is present in
Q58: Thinking about the Coase theorem,the private solution
Q59: When positive externalities are present in a
Q60: A positive externality is:<br>A) an external benefit.<br>B)
Q61: The government can both set the efficient
Q62: A network externality is:<br>A) a direct effect