Multiple Choice
A positive externality arises in a situation where a third party, outside the transaction,
A) fails to allocate resources efficiently.
B) suffers from a market transaction by others.
C) benefits from a market transaction by others.
D) pays a pollution tax to balance social costs.
Correct Answer:
Verified
Correct Answer:
Verified
Q62: Low and middle-income societies correctly point out
Q63: If pollutants are emitted into the air
Q64: Bulgaria primarily produces two goods, nesting dolls
Q65: Briefly explain the likely results of increasing
Q66: The supply and demand conditions facing a
Q68: Some of the leading ecotourism destinations include:<br>A)
Q69: The property rights approach to environmental issues
Q70: What type of environmental tool was adopted
Q71: Michigan MI) and Wisconsin WI) both border
Q72: Briefly explain what is meant by the