If a Market Generates a Negative Externality, a Pigovian Tax

question 52

True/False

If a market generates a negative externality, a Pigovian tax will move the market toward a more efficient outcome.

---

Definitions:

Acidic Foods

Foods that have a low pH level, often tasting sour, and can include fruits like lemons and oranges, fermented foods, and vinegar-based products.

Uremic Syndrome

A condition resulting from the accumulation of waste products in the blood due to renal failure, leading to multiple organ system dysfunction.

Nausea And Vomiting

Unpleasant sensations in the stomach often accompanied by the urge to vomit.

Altered Mental Status

A broad term referring to changes in cognitive function, such as confusion, disorientation, or decreased awareness of the surroundings.