Business
Business, 13.12.2019 00:31, lizzyhearts

Consider two types of cars: gasoline-powered cars and electric cars.

because conventional gasoline-powered cars burn fuel during their operation, people who drive gasoline-powered cars impose a /negative) externality on the society. a policy implication of this result is a (tax on/subsidy for) those who drive gasoline-powered cars.

because electric cars reduce greenhouse gas emissions, people who drive electric cars impose a (positive/negative) externality on the society. a policy implication of this result is a (subsidy for/tax on) those who drive electric cars.

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Consider two types of cars: gasoline-powered cars and electric cars.

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