Multiple Choice
Which of the following gives rise to a pecuniary externality?
A) Excessive consumption of alcohol leading to bad health
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 the displacement of indigenous workers
Correct Answer:
Verified
Correct Answer:
Verified
Q124: If the production of a good involves
Q125: Deadweight loss refers to the loss in
Q126: If too little of a good is
Q127: Beth can earn $7,500 renting out her
Q128: A congested street is _ in consumption.<br>A)
Q130: Which of the following can result in
Q131: Scenario: In Brazil, more than 60 percent
Q132: Which of the following is likely to
Q133: Scenario: Jim and Jane are the only
Q134: Traffic congestion is an example of a