Multiple Choice
Which of the following best defines the situation where the city council fines people who park too long in one spot?
A) social cost
B) opportunity cost of technology
C) internalisation of an externality
D) regulation
Correct Answer:

Verified
Correct Answer:
Verified
Q128: Government can accurately measure the social value
Q129: Government policies to encourage technology spillovers may
Q130: Japanese fishermen use gill nets to catch
Q131: The sound of birds singing from a
Q132: Emission controls on automobiles provide an example
Q134: When Jake takes into account how his
Q135: Graph 10-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 10-3
Q136: Policy responses that try to deal with
Q137: Suppose that a fish-food manufacturing company is
Q138: Negative externalities occur when one person's actions:<br>A)cause