A person driving while talking on a cellphone creates ________. A beautiful sunset creates ________.
A) a negative production externality; a positive consumption externality
B) a negative production externality; no externality
C) a negative consumption externality; a positive consumption externality
D) a negative consumption externality; no externality
E) a negative consumption externality; a positive production externality
Correct Answer:
Verified
Q2: An example of an activity that creates
Q4: Use the figure below to answer the
Q5: Smoking tobacco creates a _ externality.
A)negative consumption
B)negative
Q6: Air pollution generated by a paper mill
Q7: An example of an activity that creates
Q9: If the marginal private cost of producing
Q10: An externality is
A)the amount by which price
Q10: Which of the following illustrates the concept
Q17: A well-maintained waterfront property that is enjoyed
Q20: A homeowner planting an attractive garden in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents