Which Method Helps in Obtaining the Socially Optimal Level of Output

question 19

Multiple Choice

Which method helps in obtaining the socially optimal level of output?

• A)Pigouvian taxes
• B)regulation
• C)property rights and bargaining
• D)all of the above

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Definitions:

Self-service Approach

A business model that enables customers to access services and perform tasks without direct assistance from staff.

Narrow, Deep Assortment

Strategy that involves stocking a lot of different items within a single product category.

Quick Response

A strategy or system aimed at increasing efficiency and reducing response times, often used in supply chain management and manufacturing.

Just-in-time Delivery

A supply chain management strategy aimed at reducing inventory costs by receiving goods only as they are needed in the production process.