Multiple Choice
Which of the following is an example of a negative externality?
A) planting flowers in your front yard
B) talking loudly when others are trying to study economics
C) people donating money to charity
D) a smoker getting lung cancer
Correct Answer:
Verified
Correct Answer:
Verified
Q124: Over a ten year period, the monthly
Q125: One likely result of a price ceiling
Q126: If the equilibrium price of good X
Q127: If the government imposes a price ceiling
Q128: Goods whose benefits to society are not
Q130: If we observe a decrease in the
Q131: Exhibit 4-2 Supply and demand curves<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX8793/.jpg"
Q132: A minimum wage that is set below
Q133: The excess supply created when governments impose
Q134: There was an extensive black market (illegal