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    Exam 5: Difficult Cases for the Market, and the Role of Government
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    Figure 5-4 Refer to Figure 5-4. the Figure Illustrates an Industry That
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Figure 5-4 Refer to Figure 5-4. the Figure Illustrates an Industry That

Question 101

Question 101

Multiple Choice

Figure 5-4 Figure 5-4   Refer to Figure 5-4. The figure illustrates an industry that generates A)  external benefits. B)  external costs. C)  no externalities. D)  economies of scale.
Refer to Figure 5-4. The figure illustrates an industry that generates


A) external benefits.
B) external costs.
C) no externalities.
D) economies of scale.

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