Multiple Choice
An example of a positive externality is:
A) a rear-end spoiler feature on the back of sports cars that helps to stabilize and improve handling for the vehicle.
B) legislation reducing air pollution.
C) a chemical plant that emits thermal pollution.
D) a chocolate factory whose aroma draws people to an area of the city that has a large quantity of tourist activities and shopping.
Correct Answer:
Verified
Correct Answer:
Verified
Q30: An environmental economic consulting firm is
Q31: A good that, once produced is not
Q32: In markets with externalities or public goods,<br>A)private
Q33: A rival good is a good where
Q34: A exclusive good is a good where
Q36: An exclusive good is a good to
Q37: Suppose that an industry emits a
Q38: An environmental economic consulting firm is
Q39: In markets with externalities or public goods,
Q40: A nonexclusive good:<br>A)is also non-rival.<br>B)is also rival.<br>C)must