Key Terms Flash Cards - Click Here Key Terms: price ceiling, rent controls, price floor, market failure, externality, negative externality (external cost, spillover cost), internalizing the externality, excise tax, incidence of a tax, cap and trade, Coase Theorem
price ceiling, rent controls, price floor, market failure, externality, negative externality (external cost, spillover cost), internalizing the externality, excise tax, incidence of a tax, cap and trade, Coase Theorem
