John raises bees to pollinate his apple trees. One of the bees just stung him. This is a(n)
A) private cost.
B) social cost.
C) internality.
D) common property.
Correct Answer:
Verified
Q44: Social costs are
A) costs that are borne
Q46: The sum of internal and external costs
Q46: Suppose there are two identical factories on
Q47: The sum of internal and external costs
Q48: Private costs are
A) external costs borne by
Q49: An example of a situation in which
Q51: Costs borne solely by the individuals who
Q54: Which of the following statements is true
Q55: When social costs of an activity exceed
Q57: When a person drives an automobile, that
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