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Sublight2097 Sublight2097
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Posts: 4132
8 years ago
What important function does adjudication perform in the process of reducing negative externalities?
A) It allocates the revenue from negative externalities to the people who have been damaged.
B) It arbitrates between beneficiaries of negative externalities and the people who must bear their costs.
C) It decides whether punitive or merely compensatory damages will be awarded.
D) It discovers who has which rights.
E) It imposes criminal penalties on the people responsible for generating negative externalities.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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8 years ago
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Sublight2097 Author
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8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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8 years ago
My pleasure Happy Dummy
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3 years ago
thanks!
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3 years ago
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