Imposing a Pigouvian tax on a good,establishing a system of tradable licenses,and assigning property rights are methods to alleviate the problems associated with:
A)private goods.
B)positive externalities.
C)public goods.
D)common resources.

Question

Quizplus · Accepted Answer

Imposing a Pigouvian tax, establishing a system of tradable licenses, and assigning property rights are all methods to address the problems associated with common resources. Common resources are non-excludable, meaning that it is difficult to prevent people from using them, and rivalrous, meaning that the use of the resource by one person reduces the amount available for others. These characteristics often lead to overuse and depletion of the resource, making it necessary to implement measures such as those described to reduce the use and protect the resource for long-term sustainability.

Imposing a Pigouvian Tax on a Good,establishing a System of Tradable