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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 1
When a polluter is forced to account for the costs he imposes on others in his own cost-benefit analysis, we say that the polluter has been forced to _____
A) Externalize the social cost
B) Subsidize social costs
C) Cap and trade
D) Internalize the externality
A) Externalize the social cost
B) Subsidize social costs
C) Cap and trade
D) Internalize the externality
Explanation
Verified
Verified
Cap-and-trade refers a pollution control...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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