Multiple Choice
An economic agent ________ when he accounts for the full costs and benefits of his actions.
A) is called a free rider
B) internalizes an externality
C) maximizes his profit
D) is called a rent seeker
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q91: Explanation: The following figure graphs the answer.<br>
Q92: The following figure shows the market supply
Q93: _ are non-excludable in consumption.<br>A) Public goods
Q94: Which of the following is true if
Q95: Scenario: The following excerpt is from Timothy
Q97: A Pigouvian subsidy leads to a socially
Q98: Which of the following is the best
Q99: An online newspaper is an example of
Q100: Most of the goods produced in an
Q101: The social cost of producing a good