Providing a subsidy to correct for an overallocation of, Ask an Expert

Economics

If the production of a product or service involves external benefits, then the government can improve efficiency in the market by: Providing a subsidy to correct for an overallocation of resources Providing a subsidy to correct for an underallocation of resources Imposing a corrective tax to correct for an overallocation of resources Imposing a corrective tax to correct for an underallocation of resources

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9440230

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