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-In Exhibit N-4, It Is Clear That the Industry Creates

Question 71

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)
-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)

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