Solved

Melissa Engages in an Activity That Influences the Well-Being of a Bystander

Question 37

Multiple Choice

Melissa engages in an activity that influences the well-being of a bystander. In order for Melissa's activity to give rise to an externality, it must be the case that


A) Melissa fails to recognize the impact of her activity on the bystander's well­being.
B) the bystander fails to recognize the impact of Melissa's activity on his or her well­being.
C) the well­being of the bystander is adversely impacted by Melissa's activity.
D) Melissa neither pays nor receives any compensation for her activity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q244: If an externality is present in a

Q253: All remedies for externalities share the goal

Q257: At any given quantity, the willingness to

Q268: Figure 10-2. The graph depicts the market

Q276: Figure 10-4 Figure 10-4 </p></div><svg width=

Q465: If an aluminum manufacturer does not bear

Q466: Which of the following is an example

Q474: Which of the following statements is not

Q484: Which of the following is not correct?
A)Markets

Q488: Research into new technologies provides a
A)negative externality,

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents