If the tax on gasoline is increased to provide incentives to curb air pollution,then the tax serves as
A) A user fee.
B) A command-and-control standard.
C) A pollution fine.
Correct Answer:
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Q37: When external costs exist,
A)There is government failure.
B)Market
Q38: In order to maximize social welfare,a firm's
Q39: A polluting company can be billed in
Q40: An emission charge
A)Reduces private marginal cost and
Q41: Excessive process regulation may
A)Raise the costs of
Q43: The optimal rate of pollution occurs where
A)MR
Q44: Tradable pollution permits,when compared to command-and-control options,tend
Q45: A market for power plant pollution rights
Q46: Many economists would argue that
A)The optimal amount
Q47: If the government imposed a green tax
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