Multiple Choice
Which term best describes the situation when one country increases its army because others did, resulting in additional costs or benefits not reflected in market transactions?
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7. Externalities
Externalities: Social Benefits and Social Costs
Back7. Externalities
Externalities: Social Benefits and Social Costs
- Multiple ChoiceWhich of the following most likely caused the steady increase in the price per barrel of oil between 2001 and 2008?35views
- Multiple ChoiceWhat can you conclude from the fact that a significant amount of research is being conducted into wind and solar energy?29views
- Multiple ChoiceWhich of the following can be reduced by the use of renewable energy sources?19views
- Multiple ChoiceWhich of the following mitigation tactics could reduce the economic risk associated with negative externalities?30views
- Multiple ChoiceWhich of the following is a result of government attempts to increase energy efficiency?22views
- Multiple ChoiceWhich of the following mitigation tactics could reduce the economic risk associated with negative externalities?11views
- Multiple ChoiceWhich of the following is an example of planned obsolescence?44views
- Multiple ChoiceWhich of the following are examples of market failure?23views
- Multiple ChoiceAn extraordinarily small crop of farm products due to drought causes which of the following effects in the market?36views
- Multiple ChoiceWhich of the following is a barrier to achieving growth in the overall manufacturing market due to externalities related to social benefits and social costs?37views
- Multiple ChoiceAll of the following are types of resource constraints except:31views
- Multiple ChoiceWhich of the following activities is most likely to produce an externality?33views
- Multiple ChoiceWhich of the following best describes an externality in economics?43views
- Multiple ChoiceA toll on a congested road is in essence:35views