A farmer or rancher could easily:
A) consider private costs but not social costs of fertilizer use
B) consider social costs but not private costs of fertilizer use
C) consider both private and social costs of fertilizer use
D) not consider either private or social costs of fertilizer use
Correct Answer:
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Q42: The following is likely to increase in
Q43: A landowner and farmer is likely to
Q44: Congestion in urban parking is due to:
A)
Q45: Agriculturalists are subject to:
A) scarcity
B) the law
Q46: A resource that is shared in common
Q48: Solving an externality involves:
A) including social costs
B)
Q49: Solving a tragedy of the commons involves:
A)
Q50: Externalities are best solved by:
A) command economies
B)
Q51: Define and explain, "market failure." Identify four
Q52: Suppose that agricultural chemicals are being used
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