One Way for the Government to Eliminate a Negative Externality

question 99

Multiple Choice

One way for the government to eliminate a negative externality is to

• A)charge an emissions fee.
• B)set an emissions standard.
• C)levy an effluent charge.
• D)All of the above.

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Definitions:

Marketing Advantage

The competitive edge or superiority a company has over its rivals in attracting and retaining customers.

Marketing Mix

A set of actions, or tactics, that a company uses to promote its brand or product in the market, typically encapsulated by the four Ps: Product, Price, Place, and Promotion.

Warranties

Legal guarantees provided by manufacturers or sellers assuring the quality and reliability of a product and promising repair or replacement within a certain period in the event of a defect.

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