When Cost Externalities Exist,an Optimal Equilibrium Can Be Attained If

question 20

Multiple Choice

When cost externalities exist,an optimal equilibrium can be attained if the government

• A)restricts production.
• B)levies a tax for the difference between private costs and social costs.
• C)prohibits production.
• D)All three above
• E)Both A and B

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Definitions:

Foley Catheter

A flexible tube inserted into the bladder to drain urine, often used in individuals who cannot urinate independently.

Nasogastric Tube

A flexible tube passed through the nose and into the stomach for feeding or medication administration.

Incentive Spirometer

A medical device used to help patients improve the functioning of their lungs by encouraging them to inhale deeply.

Shallow Respirations

Breathing that is unusually superficial, often indicating respiratory distress or other medical conditions.