Multiple ChoiceWhich of the following is an example of a market failure related to externalities?44views
Multiple ChoiceWhich of the following is NOT considered a social benefit or cost associated with the Internet of Things (IoT) as an externality?44views
Multiple ChoiceWhich effect did the increase in the Mali gold supply by Mansa Musa have on gold prices?47views
Multiple ChoiceWhich of the following best explains how overpumping of groundwater in coastal areas leads to water scarcity?52views
Multiple ChoiceWhy is it generally easier to identify the social costs than the social benefits of international trade?56views
Multiple ChoiceWhich of the following factors typically decrease as a result of protectionist policies?49views
Multiple ChoiceWhich scenario best illustrates a negative externality, where social costs exceed private costs?43views
Multiple ChoiceWhich of the following is a negative externality associated with the construction of the Hetch Hetchy Reservoir?62views
Multiple ChoiceWhy are profits not guaranteed for firms supplying nonrenewable resources, even though these resources are limited?42views
Multiple ChoiceWhich of the following is most likely to cause a depreciation in a country's currency?49views
Multiple ChoiceWhich of the following mitigation tactics could reduce the economic risk associated with negative externalities?40views