Which of the following best describes a negative externality?
A) Your neighbor loves to bake bread and always brings you a loaf fresh and hot from the oven.
B) Your neighbor has an ornamental pond that breeds mosquitoes.
C) Your neighbor has invested in beautiful landscaping, increasing the value of all of the houses on the block.
D) Your neighbor has a pool and has given you an open invitation to come over and swim.
Correct Answer:
Verified
Q6: Whenever human activity generates a concentration of
Q10: Which of the following is an activity
Q10: An industry with production that generates external
Q11: All of the following are examples of
Q12: If an activity generates external costs,the decision
Q15: The marginal social benefit of pollution:
A)is zero
Q15: Which of the following is NOT an
Q16: Activities that generate external costs will likely
Q17: Pollution has _ and _.
A) no benefits;
Q19: An externality is said to exist when:
A)individuals
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