An externality is_____.
A) an unintended by-product of market exchange that is allocated outside the market system
B) an intended by-product of market exchange that is allocated outside the market system
C) an unintended by-product of market exchange that is allocated within the market system
D) an intended by-product of market exchange that is allocated within the market system
Correct Answer:
Verified
Q13: A change in regulations increases the size
Q14: A corrective tax can improve upon the
Q15: Internalizing a negative externality means _.
A)changing the
Q16: When there is no market for a
Q17: Although the reciprocal nature of the problem
Q19: Corrective taxes are often difficult to implement
Q20: The producers of externalities prefer _ to
Q21: When _,we are at the optimal amount
Q22: Marketable pollution rights _.
A)make producers pay for
Q23: Other things being equal,corrective taxation is superior
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