More cards in this set

What are 'demerit goods'?

What is a 'public good'?

How is non-excludability a characteristic of public goods?

How is non-rivalry a characteristic of public goods?

What are 'quasi-public goods'?

What are 'direct taxes'?

What are 'indirect taxes'?

Why is taxation usually used?

What effect does taxation have on the supply curve?

What is another method of government intervention that can reduce pollution?