Multiple Choice
Which of the following is the clearest example of a positive externality?
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7. Externalities
Externalities: Social Benefits and Social Costs
Back7. Externalities
Externalities: Social Benefits and Social Costs
- Multiple ChoiceWhich one of the following best explains why so few firms are global, considering the impact of externalities on social benefits and social costs?20views
- Multiple ChoiceWhich characteristic do goods like gasoline, tobacco, and alcohol typically share in the context of externalities?23views
- Multiple ChoiceIf there are external benefits associated with the consumption of a good or service, which of the following is most likely to occur in a free market without government intervention?33views
- Multiple ChoiceWhich of the following is always true about a negative externality?23views
- Multiple ChoiceWhich of the following is an example of market failure related to externalities?28views
- Multiple ChoiceAn appreciating yen makes Japanese products:33views
- Multiple ChoiceWhich of the following is an example of a negative externality in a market?29views
- Multiple ChoiceWhich type of externality occurs when the social cost of an activity exceeds the private cost, leading to overproduction from a societal perspective?32views
- Multiple ChoiceWhich of the following is a disadvantage associated with the use of coal as an alternative source of energy, considering externalities related to social costs?22views
- Multiple ChoiceWhich of the following is an economic impact of computers related to externalities discussed in this lesson?34views
- Multiple ChoiceWhich of the following is NOT an advantage of corrective taxes?36views
- Multiple ChoiceWhich of the following is an example of a supply shock?24views
- Multiple ChoiceWhich of the following is an example of a positive externality?41views
- Multiple ChoiceWhen considering externalities, companies should be aware that social costs and social benefits may differ from private costs and private benefits because:35views