An example of a negative externality in consumption is
A) A power plant's release of thermal pollution into a nearby river.
B) A passenger on a train littering.
C) A large cattle farm creating air pollution.
D) You finishing college and contributing to society.
Correct Answer:
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Q31: If a manufacturer does not have to
Q32: When private and social costs are equal,
A)Market
Q33: If the social costs of an economic
Q34: Which of the following is not the
Q35: The market tends to overproduce goods that
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
Q40: An external cost is borne by
A)The producer
Q41: Laws requiring the sorting and recycling of
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