Multiple Choice
If you burn your trash in the backyard in spite of regulations against it, then you are
A) acting economically irrational and creating a social cost.
B) avoiding the private costs associated with disposing your trash some other way and creating a social cost.
C) acting rationally and creating a positive externality.
D) saving landfill space and creating a social benefit.
Correct Answer:

Verified
Correct Answer:
Verified
Q183: The Coase theorem states that<br>A)government intervention is
Q184: Assume that production from an electric utility
Q185: Offering to pay the passenger in front
Q186: Economic incentives are designed to make individual
Q187: Which of the following is an example
Q189: Which of the following conditions holds in
Q190: Which of the following is an example
Q191: Figure 5-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 5-3
Q192: A modern example of the tragedy of
Q193: Figure 5-16<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 5-16