The three main methods that governments use to cope with an ...

[audragclark]

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 2

The decision not to acquire information because the cost of acquiring the information exceeds the expected benefit from the information is known as
 
  A) rational ignorance.
  B) the principle of minimum differentiation.
  C) public choice theory.
  D) inefficient provision.

[Andromeda18]

Answer to Question 1

D

Answer to Question 2

A