Some Caribbean countries give tax credits to homeowners who wish to install solar panels in their homes. This is an example of: Select one: a. Cost-benefit analysis as homeowners compare the marginal benefits to marginal costs before making a decision. b. Only a case of the use of government tax policy. c. The use of the incentive principle to encourage homeowners to use alternative sources of energy. d. A bad decision because homeowners are not paying the full cost of installing solar panels.
Some Caribbean countries give tax credits to homeowners who wish to install solar panels in their homes. This is an example of: Select one: a. Cost-benefit analysis as homeowners compare the marginal benefits to marginal costs before making a decision. b. Only a case of the use of government tax policy. c. The use of the incentive principle to encourage homeowners to use alternative sources of energy. d. A bad decision because homeowners are not paying the full cost of installing solar panels.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section: Chapter Questions
Problem 10PA
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Question
Some Caribbean countries give tax credits to homeowners who wish to install solar panels in their homes. This is an example of:
Select one:
a.
Cost-benefit analysis as homeowners compare the marginal benefits to marginal costs before making a decision.
b.
Only a case of the use of government tax policy.
c.
The use of the incentive principle to encourage homeowners to use alternative sources of energy.
d.
A bad decision because homeowners are not paying the full cost of installing solar panels.
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