The cost or benefit of a market activity borne by a third party is
A) An externality.
B) A government directive.
C) A monopoly.
D) Black-market economic activity.
Correct Answer:
Verified
Q79: In terms of an economy's production possibilities
Q80: The term factor of production refers to
A)Only
Q81: In a market economy with no government
Q82: Government intervention to reduce the level of
Q82: The government regulates food additives
A)To keep food
Q83: The result of government intervention in the
Q85: Which of the following is an example
Q86: Goods that have spillover costs are overproduced
Q89: Which of the following will contribute to
Q99: A monopoly exists when
A)A small number of
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