Multiple Choice
A cost or benefit resulting from some activity that is imposed or bestowed on third parties is
A) a market failure.
B) an externality.
C) a public good.
D) logrolling.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q149: In any case where there is a
Q150: Traffic congestion is an example of a(n)<br>A)
Q151: Refer to the information provided in Figure
Q152: Relating to the Economics in Practice on
Q153: Refer to the data provided in
Q155: There are 3,000 families in a small
Q156: At the optimal level of public goods
Q157: Taxes on a producing firm's _ are
Q158: An efficient outcome can always be reached
Q159: Marginal social cost is the difference between