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The government can intervene to achieve the socially optimal quantity of a common resource by using which approach(es)? I. assigning property rights II. imposing a
The government can intervene to achieve the socially optimal quantity of a common resource by using which approach(es)?
I. assigning property rights
II. imposing a tax on usage
III. granting a limited number of tradable permits to use the good
A. II only
B. I, II, and III
C. I only
D. I and II only
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