menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Micreoconomics Private and Public Choice
  4. Exam
    Exam 5: Difficult Cases for the Market, and the Role of Government
  5. Question
    In the Absence of Government Intervention, Goods with External Costs
Solved

In the Absence of Government Intervention, Goods with External Costs

Question 68

Question 68

Multiple Choice

In the absence of government intervention, goods with external costs tend to be


A) overproduced.
B) underproduced.
C) efficiently produced.
D) offset by goods generating external benefits.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: Why is a stable monetary system essential

Q12: Manny's Bar-n-Grill is next door to a

Q28: "Government failure" exists when political decision-makers choose

Q36: The "free rider problem" occurs in connection

Q40: Markets fail when externalities are present<br>A) because

Q64: The English philosopher John Locke argued that<br>A)

Q67: Use the figure below to answer the

Q77: Because the benefits derived from an activity

Q160: When economists say that an activity meets

Q184: Markets provide the efficient amount of a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines