Question
In a situation in which property rights are not well-defined and social costs exceed private costs, government can use all of the following to induce
In a situation in which property rights are not well-defined and social costs exceed private costs, government can use all of the following to induce producers to bring private costs into alignment with social costs EXCEPT
A. regulation of production B. taxing production C. subsidization of production D. coercive limits on production
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Elements Of Chemical Reaction Engineering
Authors: H. Fogler
6th Edition
013548622X, 978-0135486221
