Examlex
Learners often have multiple goals that they want to accomplish. Under such circumstances,they may do any three of the following. Which one are they least likely to do?
Social Optimum
The most efficient allocation of resources, resulting in the maximization of social welfare and benefiting all members of a society.
Corrective Tax
Levies imposed to address and ameliorate the negative externalities generated by certain economic activities, thereby realigning social and private costs.
Subsidy
A financial contribution granted by the government or a public body to support businesses, reduce the price of commodities, or encourage activities beneficial to the public interest.
Equilibrium Number
When market demand equals supply, leading to stability in prices.
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