When Brady is driving he throws his cigarette butts out the window, reasoning that other people will clean up the litter on the side of the road. By throwing his cigarette butts out the window, Brady is:
A) helping to achieve the socially optimal level of litter.
B) creating a positive externality for himself.
C) imposing an external cost on others.
D) treating his private property as common property.
Correct Answer:
Verified
Q117: The essential cause of the tragedy of
Q118: A village has five residents, each
Q119: Which of the following is most likely
Q120: The following data show the relationship
Q121: Which of the following investments is part
Q123: Suppose that in most car collisions between
Q124: Suppose that in most car collisions between
Q125: When one's performance is judged relative to
Q126: The following payoff matrix shows the outcomes
Q127: A positional externality:
A)only occurs in sports.
B)arises 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