Loud music from a neighbor's party is:
A) a negative externality whether or not you like it.
B) a positive externality whether or not you like it.
C) a positive externality if you like the music, and a negative externality if you don't.
D) a negative externality if you like the music, and a positive externality if you don't.
E) not an externality.
Correct Answer:
Verified
Q8: Externalities:
A) are not reflected in market prices,
Q9: Q10: Q11: Because air cargo as an industry involves Q12: The marginal benefit and marginal private cost Q14: Which of the following is a negative Q15: The presence of pollution in the trucking Q16: Because trucking as an industry involves the Q17: Dry cleaning of clothing produces air pollutants. Q18: Because of the kind of externalities that
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