Multiple Choice
A local ordinance prohibiting leaf burning is an example of
A) inefficient government
B) obligatory controls
C) a pollution compensation tax
D) the bubble concept
E) creating a new property form
Correct Answer:

Verified
Correct Answer:
Verified
Q31: A negative externality is the same thing
Q32: A pollution compensation tax is chosen to<br>A)
Q33: Externalities get their name from the fact
Q34: The social cost of production, in cases
Q35: Moral hazard describes a situation in which<br>A)
Q37: Goods whose production is associated with positive
Q38: Imagine a 2,000-acre park with picnic benches,
Q39: In a society with market failure, there<br>A)
Q40: Externalities are unintended costs or benefits imposed
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -Exhibit N-5 depicts