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When a Tax on Output Is Imposed to Internalise the External

question 65

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When a tax on output is imposed to internalise the external costs of pollution, the supply curve shifts down by the amount of the tax.

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Introduction

The opening section of a document or speech, aimed at providing an overview or background to the main content.

Review Sections

Portions of a document or presentation dedicated to the examination and analysis of specific topics or sections.

Casual Language

An informal style of speech or writing, not bound by strict rules of grammar and usage.

Humor

The quality of being amusing or comic, especially as expressed through literature or speech, often used to entertain or convey messages subtly.

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