Multiple Choice
Which of the following is a consequence of the perishable quality of services?
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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 is an example of a market failure related to externalities?37views
- Multiple ChoiceWhich of the following is NOT considered a social benefit or cost associated with the Internet of Things (IoT) as an externality?36views
- Multiple ChoiceWhich effect did the increase in the Mali gold supply by Mansa Musa have on gold prices?40views
- Multiple ChoiceWhich of the following best explains how overpumping of groundwater in coastal areas leads to water scarcity?45views
- Multiple ChoiceWhich of the following activities will most likely impose an external cost?40views
- Multiple ChoiceThe product-variety externality is associated with the:60views
- Multiple ChoiceA negative externality exists when:55views
- Multiple ChoiceWhy is it generally easier to identify the social costs than the social benefits of international trade?49views
- Multiple ChoiceWhich of the following factors typically decrease as a result of protectionist policies?44views
- Multiple ChoiceWhich scenario best illustrates a negative externality, where social costs exceed private costs?35views
- Multiple ChoiceWhich of the following is a negative externality associated with the construction of the Hetch Hetchy Reservoir?55views
- Multiple ChoiceWhy are profits not guaranteed for firms supplying nonrenewable resources, even though these resources are limited?36views
- Multiple ChoiceWhich of the following is most likely to cause a depreciation in a country's currency?41views
- Multiple ChoiceWhich of the following mitigation tactics could reduce the economic risk associated with negative externalities?33views