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Author Question: List the five approaches used to solve the problem of externalities. What will be an ideal ... (Read 87 times)

penguins

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on: Jun 29, 2018
List the five approaches used to solve the problem of externalities.
 
  What will be an ideal response?

Question 2

Refer to Table 9-14. The percentage change in real average earnings from 1965 to 2010 equals
 
  A) 2.0 percent. B) 19.7 percent. C) 24.6 percent. D) 80.3 percent.


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sierrahalpin

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Reply #1 on: Jun 29, 2018
Answer to Question 1

(1.) Government-imposed taxes and subsidies.
(2.) Private bargaining and negotiation.
(3.) Legal rules and procedures.
(4.) The sale or auction of rights to impose externalities.
(5.) Direct government regulation.

Answer to Question 2

C


penguins

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Reply #2 on: Jun 29, 2018
Thank you


sierrahalpin

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Reply #3 on: Jun 29, 2018
No problemo


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