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    Business
  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 10: Externalities
  5. Question
    An Externality Can Be a Cost or Benefit Arising from the Production
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An Externality Can Be a Cost or Benefit Arising from the Production

Question 3

Question 3

Multiple Choice

An externality can be a cost or benefit arising from the production of a good that falls upon


A) consumers but not producers.
B) producers but not consumers.
C) both the consumer and the producer.
D) someone other than the consumer or producer.
E) no one, so it goes unpaid.

Correct Answer:

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