True/False
If a negative externality results from the production of chemicals, an external cost is imposed on parties not directly involved in the market for the chemicals.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q221: Economists generally prefer greater effort made to
Q222: If the production of a product creates
Q223: Sellers may choose not to sell in
Q224: An example of a negative externality is:<br>A)the
Q225: Medical research helps to develop better treatments
Q227: The least-cost abatement pattern will require all
Q228: Positive externalities exist any time the social
Q229: The market system fails to provide the
Q230: Exhibit 8-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 8-1
Q231: Which of the following will most likely