In order to offset increasing health care costs arising from pollution, a country decides to tax the offending companies. What is this government trying to accomplish? O a. to initiate a cap and trade system O b.to privatize a public good c. to internalize externalities O d. to create a common resource 4
In order to offset increasing health care costs arising from pollution, a country decides to tax the offending companies. What is this government trying to accomplish? O a. to initiate a cap and trade system O b.to privatize a public good c. to internalize externalities O d. to create a common resource 4
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 29CTQ: Suppose you want to put a dollar value on the external costs of carbon emissions from a power plant....
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![In order to offset increasing health care costs arising from pollution, a country decides to tax the offending companies.
What is this government trying to accomplish?
O a. to initiate a cap and trade system
O b.to privatize a public good
c. to internalize externalities
O d. to create a common resource
4](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F907f1872-6380-4c6f-8877-029a5c6c0b83%2F1a607fe9-1cd3-4ffb-a480-869e39466611%2Fp851yjd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In order to offset increasing health care costs arising from pollution, a country decides to tax the offending companies.
What is this government trying to accomplish?
O a. to initiate a cap and trade system
O b.to privatize a public good
c. to internalize externalities
O d. to create a common resource
4
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