A neighborhood homeowners' association charges a fee when residents make loud noise from 9 p.m. until 7 a.m. This is similar to using _____ to reduce externalities from noise. Select one: a. command and control regulations treat everyone the same regardless of circumstances. b. a corrective tax to reduce a negative externality c. cap and trade to increase a positive externality d. a government subsidy to reduce a price floor
A neighborhood homeowners' association charges a fee when residents make loud noise from 9 p.m. until 7 a.m. This is similar to using _____ to reduce externalities from noise. Select one: a. command and control regulations treat everyone the same regardless of circumstances. b. a corrective tax to reduce a negative externality c. cap and trade to increase a positive externality d. a government subsidy to reduce a price floor
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter17: Externalities And The Environment
Section: Chapter Questions
Problem 6QFR
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A neighborhood homeowners' association charges a fee when residents make loud noise from 9 p.m. until 7 a.m. This is similar to using _____ to reduce externalities from noise.
Select one:
a. command and control regulations treat everyone the same regardless of circumstances.
b. a corrective tax to reduce a negative externality
c. cap and trade to increase a positive externality
d. a government subsidy to reduce a price floor
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