Taxes for Factoring in Negative Externalities
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If firms had to cover the social costs of pollution, they would reduce
pollution levels. This might lead to higher prices and decreased
production. Watch this video on how governments use taxes to reduce
negative externalities.
Source: Khan Academy, https://youtu.be/UYShebe44Xs
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Last modified: Wednesday, 31 July 2024, 10:56 AM