A method of forcing a company to internalize the total cost of production is
A) to impose a tax on the company to reduce production.
B) to provide a subsidy to encourage production.
C) for government not to interfere in the company's activities.
D) to force the company to reduce the wages it pays to its employees.
A
Economics
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Refer to Scenario 1-4. Using marginal analysis terminology, what is another economic term for the incremental cost of producing the last 500 cigars?
A) explicit cost B) operating cost C) marginal cost D) Any of the above terms are correct.
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Government failure occurs when the government runs a budget deficit.
Answer the following statement true (T) or false (F)
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