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When a negative externality exists,as in the case of pollution,the government may be able to restore the social optimum using three different solutions.Name them.
Methods
Different ways or strategies of accomplishing a task or solving a problem.
Mechanistic
An organizational structure that is hierarchical and bureaucratic, with clear lines of authority, formal rules, and procedures.
Specialization
The process of focusing one's skills or resources on a specific field or area of expertise, leading to increased efficiency and knowledge.
Formalized
The process of establishing certain procedures or behaviors in a structured and officially sanctioned manner.
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