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Suppose a tax equal to the value of the marginal external cost at the optimal output is imposed on a pollution generating good. All of the following will result from the tax except
Big Data
Refers to extremely large datasets that cannot be analyzed, processed, or stored using traditional data processing tools, requiring advanced methods to extract valuable insights.
Velocity
In data analysis, it refers to the speed at which data is being generated, processed, and analyzed.
Cardinality
In database design, refers to the uniqueness and relationships in data modeling, indicating the number of associations between entities.
Entity
In the context of databases and data modeling, an entity is a thing or object of interest for which data is stored, such as a person, place, item, or event.
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