Social cost associated with a community owned resource can be internalized if a) the state imposes a tax on the user of the resource b) people are considerate of others account for the social cost in their consumption of the resource c) the community owned resources is converted to a privately-owned resource d) all of the above

Social cost associated with a community owned resource can be internalized if a) the state imposes a tax on the user of the resource b) people are considerate of others account for the social cost in their consumption of the resource c) the community owned resources is converted to a privately-owned resource d) all of the above

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter17: Externalities And The Environment

Section: Chapter Questions

Problem 10PAE

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