An external cost is borne by
A) The producer of the good.
B) The consumers of the good.
C) A third party to the market transaction.
D) Employees of the firm that produces the good.
Correct Answer:
Verified
Q35: The market tends to overproduce goods that
Q36: An example of a negative externality in
Q37: If a firm that pollutes wants to
Q38: Which of the following is not a
Q39: Social costs are
A)The total resource costs of
Q41: Laws requiring the sorting and recycling of
Q42: Firm A finds it very expensive to
Q43: A polluting company may be able to
Q44: A five-cent container deposit on bottles
A)Increases the
Q45: Tradable pollution permits,when compared to command-and-control options,tend
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