Multiple Choice
An externality exists when
A) goods are sold in specific geographic locations.
B) some of the benefits or costs associated with a good are borne by third parties.
C) the government taxes a good.
D) the government subsidizes a good.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q39: An example of a negative externality created
Q40: Private goods are those goods<br>A) that violate
Q41: The political functions of government differ from
Q42: A paint firm has just announced that
Q43: Medicare and Social Security are examples of<br>A)
Q45: The government corrects for externalities in all
Q46: What happens in public schools when government
Q47: Which of the following might be a
Q48: In the United States, which of the
Q49: An external cost, such as the cost