Multiple Choice
When a person throws a cigarette out of a car window and starts a brush fire, this is
A) an example of an external benefit.
B) an example of an external cost.
C) an example of a public good.
D) an example of market power.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Costs that spill
Q68: Public goods are<br>A) any goods or services
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" A shift from
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q71: External costs can be defined as<br>A) the
Q73: The theory of public choice<br>A) is the
Q74: Market failures occur when<br>A) externalities exist.<br>B) economic
Q75: Which of the following checks issued by
Q76: An example of an in-kind transfer is<br>A)
Q77: One way that the government encourages the