Question: There are various hypothetical method for working on in general friendly utility when negative externalities are involved. The market-driven way to deal with remedying externalities

There are various hypothetical method for working on in general friendly utility when negative externalities are involved. The market-driven way to deal with remedying externalities is to "assimilate" outsider expenses and advantages, for instance, by requiring a polluter to fix any harm caused. However, much of the time, incorporating expenses or advantages isn't plausible, particularly in the event that the genuine financial qualities still up in the air
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
