Multiple Choice
An externality exists when
A) there are private costs.
B) there are internal costs.
C) there are external costs.
D) there are opportunity costs.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q49: Society must pay the full opportunity cost
Q50: The underlying reason of the problem of
Q51: According to economic analysis, the optimal level
Q52: Wild animals are likely to be<br>A) private
Q53: Which of the following was signed in
Q55: A difficulty with using a uniform per-unit
Q56: When negative externalities exist, a voluntary agreement
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above
Q58: The exclusive rights of ownership of property
Q59: The inclusion of external benefits in the