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Tems11 [23]
3 years ago
9

Which of the following is INCORRECT about a corrective tax? Select one: a. The tax is equal to the marginal damage from pollutio

n at the equilibrium quantity. b. The goal of a corrective tax is to restore efficiency. c. Producer surplus and consumer surplus will increase because the market becomes more efficient. d. One of its drawbacks is that it is hard to measure the extra social cost.
Business
1 answer:
eduard3 years ago
4 0

Answer:

The answer is  letter "C": Producer surplus and consumer surplus will increase because the market becomes more efficient.

Explanation:

Named after English economist Arthur C. Pigou (1877-1959), the Pigovian Tax or corrective tax is a fine imposed against taxpayers for being part of activities that generate negative side effects. According to Pigou, these externalities play a negative role in the market to reach equilibrium.

It is true that the corrective tax encourages market efficiency but it doesn't imply the tax will lead to producer or consumer surplus, since those are actually influenced by basic supply and demand laws, making option "C" a false statement.

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When Beck joined his uncle's oil exploration company in east Texas, he was given several hundred shares of stock in the firm, an
sergij07 [2.7K]

Answer: Master limited partnership

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4 years ago
Correct answers will get extra!!! Points
lutik1710 [3]
1. True
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3 years ago
If I was 5 foot how tall would I be in centimeters
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4 years ago
Match each right or responsibility in a home rental agreement with the correct party.
Salsk061 [2.6K]

1) renter's right----------return of deposit to renter after the rental agreement ends

Most states expect landlords to refund security deposits they gather inside a specific time period after the occupancy closes. Landlords may subtract from the security store any legitimate derivations for repairs and different harms made by the rent and state law.  

You ought to request that a landlord to refund your deposit toward the finish of your tenancy.If your proprietor doesn't consent to the discount, the custodial plan holds the cash until the point that the debate is settled by the plan's question goals benefit or by the court.

2) renter's responsibility-----------b)basic housekeeping and damages caused by renter

Renters are commonly responsible of guaranteeing their property remains sanitary, clean and in decent shape. A landlord is generally not in charge of making any repairs caused by the inhabitant's own imprudence. Be that as it may, if an inhabitant sees an issue and neglects to report it to the landowner, the occupant might be held subject for extra harm that would not have happened had the occupant made an opportune protest.  

3) landlord's right-----------eviction of renter for continued late payment of rent

Gathering late rent can be a standout among the most disappointing parts about being a landlord. All things considered, collecting money for the utilization of your rental property is the essential reason you got into land contributing.  

At the point when renters drive landlords to begin the eviction procedure, it can appear as though getting any sort of cash out of the procedure is quite a while away. It's not unusual for the renter to get irate when they get a notice that the eviction procedure has been begun.

4) landlord's responsibility-----------a) removing bedbugs from property

Bed bug issue? It happens to even the best of apartments. Bed bugs can get a ride in your bag or utilized furniture (be careful with second hand sleeping cushions!) or on your apparel. The critters can even go from another loft in your building.  

On the off chance that you presume Bed bugs, contact your landlord immediately. Your landlord ought to acquire a qualified exterminator to investigate for and measure the convergence of kissing bugs in your rental (and furthermore bordering units). Your proprietor should give you appropriate notice of section for the exterminator's assessment.

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What is the definition of balance of trade
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The difference in value between a country's imports and exports.

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