To Eliminate the Inefficiency Resulting from an External Cost of Production

question 94

Multiple Choice

To eliminate the inefficiency resulting from an external cost of production, the government can impose a tax on producers that is equal to the

• A) marginal external cost.
• B) MC.
• C) MSB.
• D) MSC.

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Definitions:

Aggressive Selling

A sales strategy characterized by assertive and sometimes intrusive techniques aimed at persuading customers to buy a product or service.

Salespeople Technology

Technologies and tools designed to enhance the effectiveness and efficiency of sales personnel.

Qualifying Leads

The process of assessing potential clients to determine if they have the need, authority, and resources to purchase a product or service.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its assets.