Which of the following constitutes an external cost of driving an automobile?
A) insurance
B) fuel
C) pollution
D) license
Correct Answer:
Verified
Q64: When a person smokes a cigarette in
Q65: Suppose there are two firms on a
Q66: When there are no externalities
A) social costs
Q67: If pollutants from smoke stacks in a
Q68: A person removes the anti-pollution devices on
Q70: Another name for internal cost is
A) private
Q71: When a person can pass some of
Q72: An example of the external costs due
Q73: Which of the following is FALSE?
A) Social
Q74: A good that has external costs associated
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