Microeconomics question

How do you fix negative externalities?

looking for an answer in about 125 words

……….Answer Preview…………

There are different ways of fixing the issue of the negative externality. One way is through taxing the producer the total of the negative externality. For instance, in cases of cigarette consumption, the government may implement tax so as to discourage customers from purchasing more. The other way is internalizing cost. This is a good…………

APA

135 Words