How do taxes help us to cope with external costs? At what level must a pollution tax
Question:
How do taxes help us to cope with external costs? At what level must a pollution tax be set to be efficient?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Taxes can be a useful tool to handle external costs also known as externalities An externality is a cost or benefit that affects a party who did not c...View the full answer
Answered By
John Aketch
I have a 10 years tutoring experience and I have helped thousands of students to accomplish their educational endeavors globally. What interests me most is when I see my students being succeeding in their classwork. I am confident that I will bring a great change to thins organization if granted the opportunity. Thanks
5.00+
8+ Reviews
18+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Practice Problem 6: We-B-Busy, Inc. uses job costing and a predetermined overhead rate based on machine hours (MH). The firm estimated that it would use $240,000 of MOH and 7,500 MH this year. Data...
-
What is the difference between supply and demand and what do they have in common ( answer in 3 sentences)
-
Two forces F1 and F2 act along the two sides of an equilateral triangle as shown in Figure P11.9. Point O is the intersection of the altitudes of the triangle. Find a third force F3 to be applied at...
-
As you have seen in this chapter, international trade law is founded on the importance and benefits of removing trade barriers. However, WTO rules also recognize the need to restrain trade in certain...
-
Roman Products, Inc., is a wholesaler of mens hair products. The company began operations on January 1, 2010. The following transactions relate to securities acquired by Roman Products, Inc., which...
-
1.XYZ Corp. just paid an annual dividend of $3 per share on its common stock. This dividend is expected to grow at a 10 percent annual rate for two years, after which it is expected to grow at a 6...
-
How do emission charges and marketable pollution permits work?
-
List three main reasons why governments exist.
-
A 90% confidence interval for a population mean is (65, 77). The population distribution is approximately normal and the population standard deviation is unknown. This confidence interval is based on...
-
Outline the criteria that must be met in order for a liability limitation agreement between a company and its auditor to be effective.
-
Explain briefly what is meant by an accounting system.
-
Live Nation operates music venues, provides management services to music artists, and promotes more than 26,000 live music events annually. The company acquired House of Blues, merged with...
-
Explain briefly the importance of the following cases to the development of auditors responsibilities: (i) Re London and General Bank (No. 2) [1895]; (ii) Re Kingston Cotton Mill Co. Ltd (No. 2)...
-
The use of generic class of items can be used when the precise identity of items cannot be ascertained. T or F
-
If JPJ Corp (the company from the previous question) is able to increase sales by 10% but keep its total and fixed asset growth to only 5%, what will its new asset turnover ratios be?
-
Use of the contraceptive Depo Provera appears to triple women's risk of infection with chlamydia and gonorrhea , a study reports today. An estimated 20 million to 30 million women worldwide use Depo...
-
The table shows data from the United Kingdom in 2005. Items Billions of pounds Wages paid to labour .685 Consumption expenditure .791 Taxes .394 Transfer payments 267 Profits 273 Investment .209...
-
Desert Kingdom produces only dates and camel rides. The base year is 2010, and the tables give the quantities produced and the prices in 2010 and 2011. Calculate Desert Kingdoms a. Nominal GDP and...
-
Desert Kingdom (described in problem 3) decides to use the chain-weighted output index method of calculating real GDP. Using this method, calculate a. The growth rate of real GDP in 2011. b. Compare...
-
A blender changes its angular velocity from 40 rad / s to 200 rad / s in 0.5 seconds. Calculate the magnitude of its mean acceleration and what was the magnitude of its angular displacement at that...
-
Using the table below create SinCo's Balance Sheet for the Prior Year and Current Year, and then answer the questions that are below. (Do not round intermediate calculations. Round your answer to 2...
-
Question 16 of 16 Current Attempt in Progress Calculate activity-based costing rates from the following budgeted data for Kimberly's Tools: Activity Cost Pool Budgeted Cost Budgeted Cost Driver...
Study smarter with the SolutionInn App