Multiple Choice
-In Exhibit N-4, it is clear that the industry creates
A) external benefits (positive externalities) that exceed external costs (negative externalities)
B) external benefits (negative externalities) that exceed external costs (positive externalities)
C) external costs of production (negative externalities) and no external benefits (positive externalities)
D) external benefits of production (negative externalities) and no external costs (negative externalities)
E) both external benefits (positive externalities) and external costs (negative externalities)
Correct Answer:
Verified
Related Questions
Q66: Q67: Market failure implies that Q68: The government is seen by many economists Q69: The creation of private property rights corrects
A) in the real