Solved

The Price of Pie Increases

Question 105

Multiple Choice

The price of pie increases.Some people who purchased pie before the price increase no longer purchase pie.This is


A) a positive externality.
B) a negative externality.
C) a positive externality for some consumers and a negative externality for others.
D) not an externality.

Correct Answer:

verifed

Verified

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

Related Questions

Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure

Q101: Consider a housing development built near an

Q102: A tax on a previously untaxed monopoly-produced

Q103: In a market with positive externalities,<br>A) the

Q104: The productivity of the employees of a

Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure

Q107: In the presence of a negative externality

Q108: If a product provides a positive externality,a

Q109: If the social marginal cost of a

Q110: Which of the following goods has the