Multiple Choice
Which of the following is an example of an external benefit?
A) a ton of coal burned in a power plant to produce electricity
B) a car accident that crowds a major Los Angeles freeway
C) the production of a slice of pizza
D) the cleanup of a large lake
E) the consumption of a can of Mountain Dew
Correct Answer:
Verified
Correct Answer:
Verified
Q14: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q15: Joanne rents a TV production studio to
Q16: Evidence of external costs in the production
Q17: A subsidy is<br>A) the revenue received from
Q20: If transactions costs are low,then assigning property
Q21: A loud band plays a concert late
Q22: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q23: When logging in the Pacific Northwest destroys
Q24: The benefit that Joan gets from eating
Q61: What do we mean by "property rights"