Business, 14.01.2020 21:31 tyme66

Acoase solution to a problem of externality insures ensures that a socially efficient outcome is to: 1)internalize the externality through taxes2)internalize the externality through subsidies3)maximize the joint welfare, irrespective of the right of ownership. 4)stop production if there is any externality.5)invite other private partners to share the burden of externality.

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Acoase solution to a problem of externality insures ensures that a socially efficient outcome is to:...