Which of the following is an example of an externality?
A) cigarette smoke that permeates an entire restaurant
B) a flu shot that prevents a student from transmitting the virus to her roommate
C) a beautiful flower garden outside of the local post office
D) All of the above are correct.
Correct Answer:
Verified
Q461: When externalities exist, buyers and sellers
A)neglect the
Q462: Dog owners do not bear the full
Q463: In what sense do externalities cause the
Q464: A cost imposed on someone who is
Q465: If an aluminum manufacturer does not bear
Q467: A positive externality arises when a person
Q468: A negative externality arises when a person
Q469: Dioxin emission that results from the production
Q470: An externality arises when a person engages
Q471: An externality
A)results in an equilibrium that does
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents