
An example of a negative externality is
A) a chemical factory dumping waste in a river upstream from a popular fishing spot.
B) a chemical factory that enters a town and bids up wages, and, therefore, increases the cost of other firms.
C) a chemical factory producing fertilizers that kills plants, rather than help them as advertised.
D) a chemical factory producing fertilizers that do not, in fact, help plants grow.
E) a chemical factory that conducts research into the safe disposal if chemicals.
Correct Answer:
Verified
Q17: Fiscal policy refers to a government's choices
Q18: In a one-period economic model,the government budget
Q19: In an economic model,government spending is assumed
Q20: In an economic model,an endogenous variable is
A)
Q21: The second fundamental theorem of welfare economics
Q23: A competitive equilibrium has the following property:
A)
Q24: The marginal rate of transformation is
A) the
Q25: The real wage is determined by
A) the
Q26: The first fundamental theorem of welfare economics
Q27: Relative to the social optimum,monopoly power directly
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