A Pigouvian tax resolves an externality if it is set equal to: a. the cost of enforcing

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A Pigouvian tax resolves an externality if it is set equal to:

a. the cost of enforcing a quantitative restriction

b. marginal private costs of the activity

c. marginal social costs of the activity

d. transactions costs

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Principles Of Agricultural Economics

ISBN: 9780415540704

1st Edition

Authors: Andrew Barkley, Paul W. Barkley

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Question Posted: Apr 17, 2024 08:00 AM

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A Pigouvian tax resolves an externality if it is set equal to: a. the cost of enforcing

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The correct answer is c marginal social costs of the activity A Pigouvian tax is designed to address ...View the full answer

Principles Of Agricultural Economics

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