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Author Question: Price will increase and output will decrease once government makes a firm (Read 68 times)

nevelica

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on: Apr 19, 2019

Question 1

Due to a firm generating external costs, the government decides to ________ the firm. When this happens, the firm will produce ________ units of output than before the tax was imposed in order to continue maximizing profits.


◦ subsidize; fewer
◦ subsidize; more
◦ tax; fewer
◦ tax; more

Question 2

Price will increase and output will decrease once government makes a firm


◦ internalize a negative externality.
◦ externalize a negative externality.
◦ internalize a positive externality.
◦ externalize a positive externality.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by nevelica on Apr 19, 2019

Chocorrol77

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nevelica

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
Excellent

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