One policy the government can use to remedy the effects of pollution caused by the production of a good is to
a. lower the price of the good
b. create positive externalities to compensate for the negative ones
c. levy a tax on each unit of the good produced
d. create free riders
e. increase the production of the polluting good
C
Economics
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An oligopoly model in which sellers compete on prices rather than quantities is called a ________ model
A) Bertrand B) Cournot C) Ricardian D) Keynesian
Economics
The change in consumption divided by a change in income is called the
a. consumption function b. marginal propensity to consume c. marginal propensity to spend d. spending function e. changing propensity to consume
Economics