Graphically, the effects of an external benefit can be shown as
A) a leftward shift of the market demand curve.
B) a leftward shift of the market supply curve.
C) a downward movement along the market demand curve.
D) a rightward shift of the market demand curve.
Correct Answer:
Verified
Q124: An economic activity in which benefits or
Q125: What is market failure? How can the
Q126: One way that the government encourages the
Q127: Whether an externality is positive or negative,
Q128: If the production of ukuleles creates a
Q130: An example of a negative externality created
Q131: An effluent fee is an example of
A)
Q132: One way of addressing the associated market
Q133: When government intervenes in the production process
Q134: When government intervenes in the production process
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