Multiple Choice
Unpriced by-products of production or consumption that provide benefits to other consumers or other firms are known as
A) negative externalities
B) common pool benefits
C) positive externalities
D) private benefits
E) Coase by-products
Correct Answer:

Verified
Correct Answer:
Verified
Q57: As an example of how interrelated the
Q58: Free markets produce too little output when<br>A)negative
Q59: If tuna in the sea are open-access
Q60: Exhibit 17-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 17-1
Q61: When an activity results in the creation
Q63: Government restrictions on the use of an
Q64: At the market output and price for
Q65: Marginal external cost equals marginal private cost
Q66: Which of the following is a positive
Q67: Puerta Vallarta International Airport is near the