Multiple Choice
When social costs for using a scarce resource are included, then there is
A) a decrease in the production of the good.
B) a negative externality.
C) a decrease in the price of the good.
D) a positive externality.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q70: "Private costs are borne by individuals while
Q71: Participating nations in the 1997 Kyoto Protocol
Q72: Buffalo in the United States almost became
Q73: Why do economists believe that it is
Q74: Saving endangered species<br>A) benefits all people in
Q76: Suppose there are two factories on a
Q77: Is a uniform per-unit tax on firms
Q78: Explain how a market for pollutant emission
Q79: All of the following are examples of
Q80: Property owned by everyone is generally referred