Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

xternal benefits occur when a good is consumed, then the government should Multiple Choice tax the producers of the good. subsidize the consumption or production

xternal benefits occur when a good is consumed, then the government should Multiple Choice tax the producers of the good. subsidize the consumption or production of the good. enforce antitrust laws against producers of the good. make transfer payments to those who incur the externalities

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

Essentials of Econometrics

Authors: Damodar Gujarati, Dawn Porter

4th edition

73375845, 978-0071276078, 71276076, 978-0073375847

More Books

Students also viewed these Economics questions

Question

1. Build trust and share information with others.

Answered: 1 week ago