When External Costs Are Present and Government Imposes a Tax

question 195

True/False

When external costs are present and government imposes a tax equal to the external marginal cost, then efficiency can be achieved.

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Definitions:

Tectopulvinar System

A neural pathway involved in visual processing, linking the superior colliculus to the thalamus and visual cortex.

Topographic Organization

Neural spatial representation of the body or areas of the sensory world perceived by a sensory organ.

Visual-Form Agnosia

A brain disorder where the person cannot identify objects even though their vision is intact.

Optic Nerve

A paired nerve that transmits visual information from the retina to the brain.