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book Economic Analysis of Social Issues 1st Edition by Alan Grant cover

Economic Analysis of Social Issues 1st Edition by Alan Grant

Edition 1ISBN: 978-0134098371
book Economic Analysis of Social Issues 1st Edition by Alan Grant cover

Economic Analysis of Social Issues 1st Edition by Alan Grant

Edition 1ISBN: 978-0134098371
Exercise 19
Since World War II, antibiotics have been available for use in treating bacterial infections. Increased antibiotic use has caused some antibiotic-resistant strains to evolve. Antibiotic resistance is a(n) _________ of antibiotic usage.
A) Transactions Cost
B) Negative Externality
C) Explicit Cost
D) Deadweight Loss
Explanation
Verified
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Negative externality is the spillovers o...

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Economic Analysis of Social Issues 1st Edition by Alan Grant
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