Which of the Following Methods Is Used to Correct Both

question 58

Multiple Choice

Which of the following methods is used to correct both negative and positive externalities?

• A)Private bargaining
• B)Tax on producers
• C)Subsidy to consumers
• D)Direct controls

---

Definitions:

Estimated Regression Line

A line that runs through a scatter plot of data points, optimally representing the connection between those points.

y-Intercept

The point where a line crosses the y-axis in a graph, representing the value of the dependent variable when all independent variables are zero.

Slope

In a linear equation, the coefficient that represents the rate of change of the dependent variable with respect to the independent variable.

Regression Slope Coefficient

A parameter in regression analysis that represents the change in the dependent variable for a one-unit change in an independent variable.