Solved

If the Social Cost of an Activity Equals the Private

Question 163

Multiple Choice

If the social cost of an activity equals the private cost, what kind of externality exists?

A) an external cost
B) an external benefit
C) There is no externality.
D) This cannot be determined by the information given.

Related Questions

Q158: A chemical bathroom cleaner has an ingredient

Q159: Figure: Social Benefit <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3377/.jpg" alt="Figure: Social

Q160: Table: Sulfur Dioxide<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3377/.jpg" alt="Table: Sulfur Dioxide

Q161: Suppose there will be global catastrophe unless

Q162: Compared with the efficient outcome, the market

Q164: Use the following to answer questions:<br>Figure: Dishwashing

Q165: In a competitive market, a free market

Q166: In the case of an external cost,

Q167: The Centers for Disease Control and Prevention

Q168: Many remedies to resolving externalities involve "internalizing