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About Chapter 10 PDF
This chapter discusses externalities, which are uncompensated impacts of one person's actions on others. It examines why externalities can cause markets to be inefficient and considers various government policies and private solutions. The goals are to understand what externalities are, why they lead to inefficient outcomes, and how policies like taxes, subsidies and regulation can internalize externalities to make markets efficient.
Detailed Information
| Author: | ['Julie Huynh'] |
|---|---|
| Publication Year: | 2017 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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