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Which of the following is not a method of addressing market failures? a Taxing the activity in such a way that the private marginal cost
Which of the following is not a method of addressing market failures?
a Taxing the activity in such a way that the private marginal cost is less than the social marginal cost.
b Limiting the amount of the activity that an economic actor can do through quantity controls.
c Applying a Pigovian Tax to the activity that generates the negative externality
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