Which of the following is NOT a characteristic of a pure public good?
Answer(s): B
If a government, on grounds of economic efficiency, were to levy a tax on an industry because of the pollution caused by production in the industry, the tax should be equal to
Answer(s): D
If the production of a good is characterized by significant external social costs, resource allocation can be improved by the government:
Answer(s): A
The main purpose of government competition policy is to
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