Multiple Choice
Which of the following activities, if any, represents an external cost?
A) The benefits that accrue to society when an individual receives a college education.
B) The increase in property values of vacant lots in an area near where a new amusement park is constructed.
C) The pollination of apple trees that occurs when a beekeeper locates next door to an apple orchard.
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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