Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 10 - Part IV - Externalities - Questions for Review - Page 212: 5

Answer

The ways in which problems of negative externality can be solved without government intervention are: a) Using moral codes and social sanctions b) Making charities c) Firms or businesses can internalize the externalities by merging together. d) Signing contracts is another way.

Work Step by Step

The ways in which problems of negative externality can be solved without government intervention are: a) Using moral codes and social sanctions b) Making charities c) Firms or businesses can internalize the externalities by merging together. d) Signing contracts is another way.
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