One way that the government encourages the production of a good with positive externalities is to offer
A) an effluent fee.
B) a market to pollute.
C) a subsidy.
D) a pollution tax.
C
You might also like to view...
The figure above portrays a total revenue curve for a perfectly competitive firm. The price of the product in this industry
A) equals $0.50. B) equals $1.00. C) equals $2.00. D) cannot be determined.
What problems can high inflation rates cause for the economy?
What will be an ideal response?
Economists generally believe that policies such as reducing barriers to trade are likely to foster economic growth
a. True b. False Indicate whether the statement is true or false
Farmers can choose to produce eggs or milk. If there is an increase in the price of milk then what will be the effect in the egg market?
A. The quantity of eggs demanded will increase. B. Egg demand will decrease. C. Egg supply will increase. D. Egg supply will decrease.