An externality can be:
A) positive
B) negative
C) both A and B
D) nither A nor B
Correct Answer:
Verified
Q6: The modern environmental movement was started by:
A)
Q7: Rachel Carson's book, "Silent Spring" was:
A) widely
Q8: The tragedy of the commons occurs when:
A)
Q9: To be efficiently used, a resource is:
A)
Q10: An externality occurs when:
A) production of a
Q12: Education is likely to be a:
A) positive
Q13: Marginal Revenue Product is:
A) additional money earned
Q14: Marginal Factor cost is:
A) additional cost of
Q15: Overutilization of a resource typically occurs:
A) when
Q16: Tragedy of the Commons occurs when:
A) private
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