The three main methods that governments use to cope with an external cost of production include all of the following EXCEPT
A) taxes.
B) mandating clean technology.
C) cap-and-trade
D) price floors.

Question

Quizplus · Accepted Answer

Price floors are not typically used to address external costs of production; they are used to maintain a minimum price level for goods or services.

The Three Main Methods That Governments Use to Cope with an External