The Efficient Way to Deal with an External Cost Is

question 20

True/False

The efficient way to deal with an external cost is to let markets allocate resources without government intervention.

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Definitions:

General Jurisdiction

The court's authority to hear a wide range of cases, not limited by subject matter or geographic location within its jurisdiction.

County

A territorial division within a state or country, functioning as an administrative or political unit.

District

An area or region defined for administrative, legal, or other purposes.

Common Pleas

A term used to describe a general jurisdiction trial court in some U.S. states.