Multiple Choice
Which of these consumption activities will most likely impose an external cost?
A) an executive plays a vigorous game of golf
B) a student in a dorm plays a YouTube video at 120 decibels late at night
C) a young mother exercises to a yoga video
D) a construction worker eats a sandwich during his lunch break
Correct Answer:
Verified
Correct Answer:
Verified
Q63: With careful planning, we can usually get
Q127: Jay has spent $2400 purchasing and repairing
Q128: What is an economy experiencing when a
Q129: What does efficiency mean?<br>A) Society is conserving
Q131: When the government redistributes income from the
Q133: When was Adam Smith's book The Wealth
Q134: Which good best meets the definition of
Q135: When does scarcity exist?<br>A) when there is
Q136: What is the opportunity cost of an
Q137: A carpenter maker currently produces 50 cabinets