Multiple Choice
Which of the following statements is not correct?
A) Government policies may improve the market's allocation of resources when negative externalities are present.
B) Government policies may improve the market's allocation of resources when positive externalities are present.
C) A positive externality is an example of a market failure.
D) Without government intervention, the market will tend to undersupply products that produce negative externalities.
Correct Answer:
Verified
Correct Answer:
Verified
Q107: Government intervention in the economy with the
Q108: Table 10-3<br><br><br> <span class="ql-formula" data-value="\begin{array}
Q339: Figure 10-12 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Figure 10-12
Q340: Externalities tend to cause markets to be<br>A)inefficient.<br>B)unequal.<br>C)unnecessary.<br>D)overwhelmed.
Q341: Figure 10-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Figure 10-9
Q343: The Coase theorem suggests that private solutions
Q344: Which of the following is a problem
Q345: Suppose that a firm produces electricity by
Q346: When the government reduces my income tax
Q347: When negative externalities are present in a