The amount you pay for insurance on your car is an example of a(n) :
A) internal cost.
B) social cost.
C) external cost.
D) third-party cost.
E) public-good cost.
Correct Answer:
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Q2: For a market to work efficiently
A) the
Q2: The costs of a market activity paid
Q4: Negative externalities have _ for third parties.
A)
Q5: The amount you pay for gasoline for
Q7: The pollution emitted by your car is
Q9: An external cost is best defined as
Q10: A negative externality exists whenever
A) there are
Q11: An internal cost is best defined as
Q24: Consider a market with a negative externality.The
Q65: You drive to work each day.The best
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