-A Pollution Tax Has the Effect of Reducing the Costs

question 43

True/False

-A pollution tax has the effect of reducing the costs of production for a firm, leading to a rightward shift of the supply curve.

---

Definitions:

Lessor

An entity or individual that leases or rents out an asset to another party, known as the lessee.

Lessee

A lessee is an individual or entity that leases an asset from another party, known as the lessor.

Lease Contract

is an agreement wherein one party allows another to use an asset, such as property or equipment, for a specified period in exchange for payment.

Banker

A professional in the banking industry who deals with the management, operation, and provision of banking services to consumers and businesses.