To Correct a Negative Externality Problem, the Government Can Impose

question 172

Multiple Choice

To correct a negative externality problem, the government can impose

• A)a subsidy to increase the marginal private costs.
• B)a subsidy to increase the marginal social costs.
• C)a tax to increase the marginal private costs.
• D)a tax to increase the marginal social costs.
• E)either a tax or a subsidy to change the marginal social costs.

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Definitions:

Market

Refers to the area or arena in which commercial dealings are conducted, whether physical or virtual, involving the exchange of goods or services.

Human Capital Resources

The knowledge, skills, abilities, and other attributes embodied in individuals that are valuable to an organization.

Operational Requirements

The essential conditions and capabilities needed to support the day-to-day functions and tasks of an organization.

Labour In Canada

The workforce or labour force of Canada, encompassing all individuals engaged in work, seeking work, or available for work in the country.