Internalizing a negative externality means _____
a. changing the incentives of consumers to ignore the externality
b. changing the incentives of producers to act as if there were no market for the external cost
c. changing the incentives of producers to act as if there were a market for the external cost
d. changing the incentives of consumers to complain about the externality to the producers
c
Economics
You might also like to view...
"Good news" about an expenditure-related indicator drives bond prices __________ and stock prices __________
A) up; up B) up; down C) down; up D) down; down
Economics
Which of these is not a good example of skill-biased technical change?
A) GPS navigation equipment in delivery trucks B) web-enabled virtual classrooms C) self-service check out scanners D) use of robots in automobile assembly
Economics