Solved

Which of the Following Illustrates the Concept of a Negative

Question 77

Multiple Choice

Which of the following illustrates the concept of a negative externality?


A) A college professor plays a vigorous game of racquet ball with the racquet he recently purchased.
B) A flood wipes out a farmer's corn crop.
C) A college student plays loud music on his new stereo system at 2:00a.m
D) A janitor eats a hamburger during his lunch break.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q68: Figure 10-4 Figure 10-4 </p></div><svg width=

Q76: Figure 10-5 Figure 10-5 </p></div><svg width=

Q79: Figure 10-5 Figure 10-5 </p></div><svg width=

Q121: Negative externalities lead markets to produce
A)greater than

Q282: When negative externalities are present in a

Q284: Negative externalities occur when one person's actions
A)cause

Q292: Figure 10-6 Figure 10-6 </p></div><svg width=

Q297: A negative externality
A)is a cost to a

Q308: Suppose that a negative externality is created

Q316: An optimal tax on pollution would result

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents