In any case where there is a negative externality, it is better to form a government agency to solve the problem.

Question

Quizplus · Accepted Answer

While forming a government agency can be one way to address negative externalities, it is not always the best solution. Market-based solutions, regulations, or private negotiations can also effectively address negative externalality issues depending on the context and nature of the externality.

In Any Case Where There Is a Negative Externality, It