Figure: Negative Externalities and Raising Pigs for Pork

question 172

Multiple Choice

Figure: Negative Externalities and Raising Pigs for Pork (Figure: Negative Externalities and Raising Pigs for Pork) Refer to the figure Negative Externalities and Raising Pigs for Pork.If the socially optimal production of pigs is 250, the government could achieve this socially optimal production by imposing a Pigouvian tax of:

• A)$400.
• B)$300.
• C)$250.
• D)$200.

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Definitions:

Performance Measurements

Quantitative assessments that gauge the efficiency, effectiveness, or outcome of a process or individual's activities.

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Information or reactions received about a person's performance of a task, used as basis for improvement.

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The process of organizing tasks, duties, and responsibilities into a productive work unit to satisfy both organizational and individual employee needs.

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