Multiple Choice
Which of the following is a common method used by government to cope with the situation in which production of a good creates an external cost?
A) removing property rights
B) subsidizing production
C) marketable permits
D) lottery
E) vouchers
Correct Answer:
Verified
Correct Answer:
Verified
Q238: The difference between private cost and social
Q239: Explain the difference between a positive production
Q240: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q241: Suppose Julie plants a beautiful garden in
Q242: Vouchers given to consumers<br>A) increase the demand
Q244: In the figure above,when the market is
Q245: Marginal social cost is the<br>A) price a
Q246: A problem with pollution charges or taxes
Q247: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q248: The Coase theorem deals with the problem