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Mandarinka [93]
2 years ago
11

Government regulations that prevent a firm from dumping toxic waste into a river address which type of market failure?.

Social Studies
1 answer:
vazorg [7]2 years ago
3 0

Negative externality market failure is addressed by government rules that prohibit a company from dumping harmful trash into a river.

<h3>How government corrects negative externalities?</h3>

The government can help to reduce negative externalities by taxing items whose production results in spillover costs. The cost of producing such commodities is effectively raised as a result of this taxation.

Taxation is one method for dealing with externalities. Governments can levy a tax on the items that cause externalities, such as pollution, to assist lessen the negative impacts of those externalities.

Check out the link below to know more about the negative externalities:

brainly.com/question/14259859

#SPJ1

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