Which of the following is an example of a negative externality?
A) Having to pay a fine for a traffic violation
B) Pollution that results from consuming a good
C) Donating money to a charity
D) Improving city parks so that residents will be more inclined to use them
Correct Answer:
Verified
Q1: The price system will allocate resources efficiently
Q2: When costs of producing a good spill
Q4: Market failures arise when
A) people look out
Q5: Market failures arise when
A) society is not
Q6: When the city of London imposed a
Q7: Positive externalities create problems within a price
Q8: Which of the following is an incidence
Q9: A firm that produces chemical solvents creates
Q10: When does a subsidy to a business
Q11: Suppose that an instance of market failure
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents