Governments Can Increase the Consumption of a Product That Creates

question 248

Multiple Choice

Governments can increase the consumption of a product that creates positive externalities by

• A)subsidizing the production of the product so that the supply is increased and market price is reduced.
• B)taxing the production and consumption of the product.
• C)convincing everyone to consume the product.
• D)assigning property rights to the producers of the product.

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Definitions:

Decision Making

The cognitive process of choosing between different alternatives or options to reach a conclusion or solution.

Reasoning

The process of thinking about things in a logical, rational way, in order to form conclusions, judgments, or inferences.

Sense of School Belonging

The feeling or perception of being accepted, valued, and included by others within a school environment.

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs and emotions about oneself.