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Since air pollution imposes a negative externality on society, governments should a.do nothing and allow the market to determine the level of pollution. b.tax pollution
Since air pollution imposes a negative externality on society, governments should
a.do nothing and allow the market to determine the level of pollution.
b.tax pollution at the highest rate that doesn't cause firms to shut down in the long run.
c.give firms an incentive to abate pollution when abatement costs are low.
d.make pollution illegal.
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