Why are negative externalities difficult to internalize in practice? The cost of cleaning up the effects of pollution is overstated. The marginal cost of socially owned resources is zero. No markets exist to measure the cost of the externality. The deadweight loss is subjective in nature.What will a corrective tax equal to the external cost imposed on polluters result in? C It will increase the level of pollution. It will force polluters to internalize the external cost resulting from their actions. It will eliminate all pollution. C It will usually have no impact whatsoever on pollution levels but will generate tax revenue for the government.Revenue and Cost Data for a Perfectly Competitive Firm Daily Output Total Revenue $0 Refer to Table 8-1. What is the value of the variable X, Y, Z, and V? O x=30, Y=16, 2:30, v=30 O x=30, Y=20, 2:20, v=30 O x=20, Y=26, 2:36, V46 0 x=30, Y=26, 2:36, v=30 A monopoly,r firm is charging the maximum price the market will hear at a level of output where MC equals $18 and is increasing, MR equals $18, and average variable cost equals $8. To maximize prots, what action should the rm take? 0 Increase both output and price. 0 It should not change either the output or the price. 0 Increase output but decrease the price. 0 Decrease output and increase the price