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The Government Can Intervene to Achieve the Socially Optimal Quantity

Question 200

Multiple Choice

The government can intervene to achieve the socially optimal quantity of a common resource by using which approach(es) ? I.assigning property rights
II.imposing a tax on usage
III.granting a limited number of tradable permits to use the good


A) I only
B) II only
C) I and II only
D) I,II,and III

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