Answer:
impose a tax on Oscar's production of processed meat because the market quantity is greater than the socially optimal quantity.
Explanation:
Externalities are the impact that a business's activity has on its surrounding environment.
They can be positive or negative.
Negative externalities have a detrimental effect on the communities and people that exist around the company.
The case in the give scenario is a negative externality where the meat processing plant that emits unpleasant odors that waft across the city.
The socially accepted level of unpleasant odors from meat production is less than what Oscar's company is releasing to the community.
So there needs to be a tax on their production process to reduce the level
Answer:
I think the third option is easy for you
Answer:
The answer is,
O To raise money for the corporation.
Explanation:
Issuing share is a method of financing for a corporation. Company can borrow money from external parties such as banks or issue debentures as well. However, the cost of such borrowings tends to be higher than issuing equity stocks and there are many legal necessities as well in such a process.
