A negative externality such as pollution can be corrected by

A. a subsidy to consumers.
B. a stimulus to production.
C. a tax on producers.
D. a subsidy to producers.

Answer: C

Economics

You might also like to view...

Which of the following is NOT a source of bias in the CPI? i. quality change bias ii. new goods bias iii. quantity change bias

A) i only B) ii only C) iii only D) i and ii E) ii and iii

Economics

"Because firms in an oligopoly are so large, they do not need to consider each other's actions." Is the previous statement correct or incorrect? Explain your answer

What will be an ideal response?

Economics