What is the effect of a negative externality
A) It has an adverse impact on a bystander.
B) It causes the product in a market to be underproduced.
C) It has an adverse impact on market participants.
D) When it is present in a market, the good or service is undesirable for society.
Correct Answer:
Verified
Q14: Which example illustrates the concept of a
Q15: In the absence of externalities,what can be
Q16: When externalities are present in a market,what
Q17: What does the term market failure refer
Q18: When do negative externalities occur
A)when one person's
Q20: Why do private markets fail to account
Q21: What does the height of the supply
Q22: Suppose that large-scale pork production has the
Q23: Which statement about a well-maintained yard best
Q24: Dog owners do not bear the full
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