Dina is driving to work on an interstate highway at 90 MPH, well in excess of the legal speed of 65 MPH. Sandy is also driving to work at the same time, going 85 MPH. A state trooper pulls Dina over and gives her a speeding ticket. Sandy continues driving, but if Dina had not been speeding, the trooper would have ticketed Sandy instead. In terms of externalities, this story shows that:
A) Sandy's actions gave Dina a positive externality.
B) Dina's actions gave Sandy a positive externality.
C) Sandy's actions gave Dina a negative externality.
D) Dina's actions gave Sandy a negative externality.
E) Dina's and Sandy's actions did not create any externalities.
Correct Answer:
Verified
Q85: Why do negative externalities like pollution result
Q156: Which of the following is a free
Q157: A free rider is a person who:
A)
Q158: An externality is:
A) always a benefit to
Q159: Market failure occurs when supply and demand
Q162: Bobby's neighbor is growing a tree that
Q163: Which of the following would generate positive
Q164: The reason individual homeowners usually do not
Q165: The possibility of a free rider exists:
A)
Q166: The government would use production taxes to
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