Question

Correcting a market with an externality through taxation is _________ correcting it through a quota.

Multiple Choice
-more efficient than
-less efficient than
-just as efficient as
-Any of these statements could be true depending on whether the tax is imposed on the buyer or seller.

Answer 1

Correcting a market with an externality through taxation is __More__ correcting it through a quota.

Multiple Choice

-more efficient than

-less efficient than

-just as efficient as

-Any of these statements could be true depending on whether the tax is imposed on the buyer or seller.

Step-by-step explanation: