Multiple Choice
Which of the following is likely to give rise to a negative externality?
A) A sudden increase in the price of wheat due to a fall in supply
B) A sudden increase in the demand for diamonds, leading to an increase in their prices
C) Deforestation, leading to the extinction of many species
D) Globalization, leading to creation of many new job opportunities
Correct Answer:
Verified
Correct Answer:
Verified
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