Private benefits accrue:
A) indirectly to the decision maker of a market exchange.
B) directly to the decision maker of a market exchange.
C) without compensation to someone other than the person who caused them.
D) to third parties without direct government intervention.
Correct Answer:
Verified
Q15: When we add private benefits and external
Q16: A positive externality is a(n):
A)external benefit.
B)external cost
Q17: Which of the following is a good
Q18: Social costs are:
A)private costs plus external costs.
B)network
Q19: Which of the following is a good
Q21: When a negative externality is present in
Q22: The graph shown displays a market with
Q23: A market with a negative externality has
Q24: When a negative production externality is present
Q25: If a production process causes pollution, then
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