What is not a valid comment economists may make regarding the need to subsidise a green energy market that uses solar and wind power?
A.
It is cheaper to use the plentiful supply of coal.
B.
Markets will become more efficient.
C.
The value of the positive externalities cannot be estimated.
D.
The value of the negative externalities cannot be estimated.
Exam No:9708_w24_qp_32 Year:2024 Question No:11
Answer:
B
Knowledge points:
3.2.1 impact and incidence of specific indirect taxes
3.2.2 impact and incidence of subsidies
Solution:
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