Living on a farm in the rural US is an example of:
A) positive externality
B) negative externality
C) neither positive nor negative externality
D) depends on the individual
Correct Answer:
Verified
Q20: An externality occurs when:
A) the consumer is
Q21: In agriculture, negative externalities occur:
A) when using
Q22: A positive externality from agriculture is:
A) food
Q23: Bees and fruit production are:
A) positive externalities
Q24: Living in New York City is an
Q26: A tax used to internalize an externality
Q27: Limitations of a Pigouvian tax include:
A) difficulty
Q28: Coase suggested that a good solution to
Q29: The Coase bargaining solution will:
A) favor the
Q30: Coase's contribution suggests:
A) a larger role for
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