Government has the power to reduce the _____ associated with air pollution by automobiles because it can force changes in car design, can impose taxes on drivers, and has the power to punish those who fail to comply.
A)private cost
B)transaction cost
C)opportunity cost
D)positive externality

Question

Quizplus · Accepted Answer

The government can reduce transaction costs associated with air pollution by implementing regulations and policies that streamline compliance and enforcement, making it easier and less costly for individuals and businesses to adhere to environmental standards.

Government Has the Power to Reduce the _____ Associated with Air