Private benefits are those benefits that accrue:
A) directly to the decision maker of a market exchange.
B) indirectly to the decision maker of a market exchange.
C) without compensation to someone other than the person who caused them.
D) to third parties without direct government intervention.
Correct Answer:
Verified
Q3: An example of a positive network externality
Q5: If people took externalities like pollution into
Q5: A benefit that accrues without compensation to
Q6: Externalities:
A)are one of the most common causes
Q9: All externalities:
A) are harmful to society and
Q10: External benefits are those that accrue:
A)without compensation
Q11: External costs and external benefits are collectively
Q11: Private costs are those costs that fall:
A)directly
Q12: We call costs that fall directly on
Q20: A positive externality is:
A) an external benefit.
B)
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