Driving your automobile in Los Angeles during the rush hour causes externalities because
A) it adds congestion and pollution from auto exhaust, reducing the welfare of others.
B) gasoline is scarce and you must pay for it.
C) gasoline is a public good.
D) your actions will benefit others even though you will be unable to charge them for the service.
Correct Answer:
Verified
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Q132: Figure 5-4 Q133: Consider two goods--one that generates external benefits Q135: Figure 5-4 Q136: Which of the following activities is least Q137: Criteria of ideal economic efficiency requires that Q138: Which of the following are ways in Q139: Figure 5-4 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
