A tax on gasoline can be used to correct a market failure? true or false
A tax on gasoline can be used to correct a market failure?
true or false
Homework Answers
True.
- Negative externalities within an economy can lead to market failure.
- It can cause the markets to allocate good and services inefficiently.
- A tax on gasoline is an indirect tax used to correct a market failure.
- When gasoline is taxed, then people will reduce its consumption and the amount of pollution done by driver's will hence fall.
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A tax on gasoline can be used to correct a market failure?
true or false
you can use thin layer chromatography to separate the hydrocarbons in gasoline? true or false
you can use thin layer chromatography to separate the hydrocarbons in gasoline? true or false
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