To prove that an outcome is not Pareto optimal, we need to find a new outcome that will make at least one agent _________ off without making any other agent _________ off.
A) better, worse
B) better, better
C) worse, worse
Correct Answer:
Verified
Q13: An externality can lead to
A) market failure
B)
Q14: Marketable pollution permits are a method of
Q15: In the absence of any intervention, a
Q16: To take into account the full marginal
Q17: Any cost or benefit generated by one
Q19: Pigouvian taxes are government taxes that tax
Q20: An externality arises because of one agent's
A)
Q21: The goal a standards and charges system
Q22: In markets with externalities, if property rights
Q23: Marketable pollution permits are a method of
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