Multiple Choice
The reason individual homeowners usually do not hire a private contractor to fill the potholes on their street is because
A) there are positive externalities associated with the potholes
B) the value to the neighborhood exceeds the cost of repair
C) it costs them more than the benefits they derive
D) they do not trust the government
E) there are negative externalities associated with the repair
Correct Answer:
Verified
Correct Answer:
Verified
Q124: Catering to special interest lobbying may distort
Q125: Many colleges have decided to ban the
Q126: Government failure describes a situation where government
Q127: The existence of positive externalities indicates that
Q128: If the quantity of public goods produced
Q130: Which of the following best describes the
Q131: Which of the following is an example
Q132: Positive externalities can be more easily measured
Q133: A neighborhood tree-planting program generates positive externalities.
Q134: The presence of positive and negative externalities