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Pigouvian taxes a.) Define what a Pigouvian tax is. b.) Explain the main difference between a Pigouvian tax and a non-Pigouvian tax in terms of
Pigouvian taxes
a.) Define what a Pigouvian tax is.
b.) Explain the main difference between a Pigouvian tax and a non-Pigouvian tax in terms of their purpose or goal.
c.) Explain the main difference between a Pigouvian tax and a non-Pigouvian tax in terms of their impact on social welfare.
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