Multiple Choice
Which of the following would be an external cost associated with the production of coal-fired electricity?
A) the cost of misleading advertising
B) the increase in labor costs as the firm pays its workers who are adversely affected by the coal-fired technology
C) the pollution generated by the firm's physical plant
D) the decrease in value consumers attach to this kind of electricity
E) the value people derive from turning off lights when they leave the room, that is cost-saving
Correct Answer:

Verified
Correct Answer:
Verified
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