A negative externality such as pollution can be corrected by
A) a subsidy to producers.
B) a tax on producers.
C) a subsidy to consumers.
D) a stimulus to production.
B
Economics
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Economists build economic models by
a. generating data. b. conducting controlled experiments in a lab. c. making assumptions. d. reviewing statistical forecasts.
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The claim that advertising reduces the elasticity of demand is likely to be made by a defender of advertising
a. True b. False Indicate whether the statement is true or false
Economics