One method of correcting for ____ externalities is to create a ____ to make sure the market accounts for all costs and benefits
a. market failure; tax
b. negative; tax
c. positive; mechanism
d. positive; tax
e. negative; free market
b
Economics
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A rise in the price of a good causes producers to supply more of the good. This statement illustrates
A) the law of supply. B) the law of demand. C) a change in supply. D) the nature of an inferior good.
Economics
What is the problem with the argument that infant industries need to be protected from foreign competition?
What will be an ideal response?
Economics