A method of forcing a company to internalize the total cost of production is
A) to impose a tax on the company to reduce production.
B) to provide a subsidy to encourage production.
C) for government not to interfere in the company's activities.
D) to force the company to reduce the wages it pays to its employees.
A
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In terms of accepting deposits and making loans, explain the differences between commercial banks and a central bank
What will be an ideal response?
When a per-unit tax is levied on a goods market in which supply is not perfectly inelastic but such a tax nevertheless does not give rise to any deadweight loss, consumers are made no worse off by the imposition of the tax.
Answer the following statement true (T) or false (F)
The total amount of money that a government owes at a point in time is called:
A. a budget deficit. B. a budget surplus. C. public debt. D. national surplus.
The combined EU market is far larger than the NAFTA market in terms of GDP and population
Indicate whether the statement is true or false