Multiple Choice
The production of a good generates a foul-smelling gas which is released into air by factories producing the good.
-Refer to the scenario above. This implies that the production of the good gives rise to ________.
A) a positive externality
B) a negative externality
C) economies of scale
D) diseconomies of scale
Correct Answer:

Verified
Correct Answer:
Verified
Q29: According to hedonic analysis, a person's willingness
Q30: Three students share an apartment. They are
Q31: The figure below shows the marginal pollution
Q32: What were the findings of the study
Q33: The diagram below shows the demand curve,
Q35: The tool that is used for the
Q36: Which of the following is likely to
Q37: Environmental disaster in Easter Island is an
Q38: Briefly explain one potential problem with Pigouvian
Q39: List two ways in which we can