Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their dogs from barking. Local governments address this problem by
A) making it illegal to "disturb the peace."
B) having a well-funded animal control department.
C) subsidizing local animal shelters.
D) encouraging people to adopt cats.
Correct Answer:
Verified
Q457: Education yields positive externalities. For example,
A)colleges and
Q458: An externality is an example of
A)a corrective
Q459: Suppose the socially-optimal quantity of good x
Q460: Figure 10-20. Q461: When externalities exist, buyers and sellers Q463: In what sense do externalities cause the Q464: A cost imposed on someone who is Q465: If an aluminum manufacturer does not bear Q466: Which of the following is an example Q467: A positive externality arises when a person
A)neglect the
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