Multiple Choice
A procedure that eliminates or internalizes externalities without government action other than defining property rights is called
A) a private remedy.
B) a public remedy.
C) privatization.
D) contingent valuation.
E) a user fee.
Correct Answer:
Verified
Correct Answer:
Verified
Q140: A positive externality raises<br>A)marginal social benefits above
Q141: An example of a good with a
Q142: In a democratic system, the idea that
Q143: A fee charged for the use of
Q144: Marginal social cost minus marginal external cost
Q146: Goods that have negative externalities are subsidized.
Q147: An example of a public good is<br>A)education.<br>B)cable
Q148: Consider two children, Janet and Joey, sharing
Q149: The Coase theorem works provided<br>A)the transactions costs
Q150: The tendency of politicians and/or political parties