In the case of a good whose production generates negative externalities, a. those not directly involved in

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In the case of a good whose production generates negative externalities,

a. those not directly involved in the market transactions are harmed.

b. internalizing the externality would tend to result in a greater output of the good.

c. too little of the good tends to be produced.

d. a subsidy would be the appropriate government corrective action.

e. all of the above are true.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 03:01 AM

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In the case of a good whose production generates negative externalities, a. those not directly involved in

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Exploring Macroeconomics

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