A plastics manufacturing plant dumps pollution into the Big River.This pollution leads to higher costs and disruption for fishermen on the river,for which they are not compensated.In this situation:
A) too few of society's resources are being used to produce plastic.
B) too many of society's resources are being used to produce plastic.
C) the ideal amount of society's resources are being used to produce plastic.
D) there is an external benefit to society from plastic production.
Correct Answer:
Verified
Q1: Which activity does NOT generate a negative
Q2: Given the general agreement that pollution is
Q4: Which statement BEST describes a negative externality?
A)Your
Q5: Damage to the environment occurs because:
A)no one
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
Q11: Which activity generates a negative externality?
A)You buy
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