Which activity generates a negative externality?
A) You buy a new car,then discover it needs a new transmission.
B) Your next-door neighbor mows the lawn at 6 A.M.
C) The only two coffee shops in town conspire to raise prices.
D) After Jane buys health insurance,she begins racing motorcycles on the weekends.
Correct Answer:
Verified
Q6: Whenever human activity generates a concentration of
Q7: Which example illustrates a negative externality?
A)high prices
Q8: Pollution has _ and _.
A)no benefits;only costs
B)benefits;costs
C)no
Q9: A negative externality:
A)is any cost above the
Q10: An industry with production that generates external
Q12: If an activity generates external costs,the decision
Q13: A market economy will produce _ without
Q14: If drivers decide to make phone calls
Q15: The marginal social benefit of pollution:
A)is zero
Q16: Activities that generate external costs will likely
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