Why does internalizing externalities with taxes or subsidies


Problem

a. Why does internalizing externalities with taxes or subsidies sometimes increase the prices of goods and sometimes decrease them?

b. When would workers in an industry benefit from internalizing its externalities?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why does internalizing externalities with taxes or subsidies
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