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How can producers remedy external costs of production when they internalize the costs of pollution? By absorbing the cost when determining the price of its goods By imposing the costs to a third party polluting agent By practicing lessons of the precautionary principle By maximizing the rule of probability theory QUESTION 27 1. Which of the following is an ethical deficiency that can occur when a market is no longer allocating resources or distributing commodities in a way that maximizes unity? Society wil prevent overproduction, thereby limiting resources being consumed. Goods become more efficiently distributed to consumers as external costs become differentiated @Firms that do not have to pay external costs use up and waste resources being consumed by external costs. The overproduction of a commodity results in the production of other commodities, creating greater demand