Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are various hypothetical method for working on in general friendly utility when negative externalities are involved. The market-driven way to deal with remedying externalities

image text in transcribed
There are various hypothetical method for working on in general friendly utility when negative externalities are involved. The market-driven way to deal with remedying externalities is to "assimilate" outsider expenses and advantages, for instance, by requiring a polluter to fix any harm caused. However, much of the time, incorporating expenses or advantages isn't plausible, particularly in the event that the genuine financial qualities still up in the air

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Using Practice And Theory To Develop Skill

Authors: David Boddy

8th Edition

1292271817, 978-1292271811

More Books

Students also viewed these General Management questions