Multiple Choice
In the context of externalities, which sector is most likely to experience greater job losses due to technological changes that generate negative social costs?
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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 statements best describes the relationship between social cost and external cost?35views
- Multiple ChoiceThe presence of network effects can predispose an industry toward which of the following?17views
- Multiple ChoiceResearch has indicated that polluting facilities are often built in which type of neighborhoods?23views
- Multiple ChoiceWhat is the main economic difference between a tariff and a quota?38views
- Multiple ChoiceWhich of the following is a market incentive to discourage pollution?23views
- Multiple ChoiceWhich of the following customer needs is most likely to increase the implied uncertainty of demand in the presence of externalities?23views
- Multiple Choice
If the production of a good causes a negative externality, then the social-cost curve will lie ________________ the supply curve, and the socially optimal quantity is _________________ than the equilibrium quantity.
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