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    Principles of Microeconomics
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    Exam 16: Externalities, Public Goods, and Common Resources
  5. Question
    A Cost or Benefit Resulting from Some Activity That Is
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A Cost or Benefit Resulting from Some Activity That Is

Question 154

Question 154

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.

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