Multiple Choice
Which type of cost does the increased car insurance premium for individuals convicted of drunk driving best represent in the context of externalities?
29
views
7. Externalities
Externalities: Social Benefits and Social Costs
Back7. Externalities
Externalities: Social Benefits and Social Costs
- Multiple ChoiceThe most efficient way to ensure that producers are responsible for the social costs of their products is through:30views
- Multiple ChoiceAn externality is the uncompensated impact of one person's actions on:29views
- Multiple ChoiceWhich of the following best explains how a business can increase its sales and profits yet still experience problems related to externalities?18views
- Multiple ChoiceWhich of the following best describes an economic effect of European imperialism in Africa related to externalities?22views
- Multiple ChoiceIf pollutants are emitted into the air and water, what type of costs might be incurred as a result?23views
- Multiple ChoiceWhich of the following is a positive externality associated with the construction of the Hetch Hetchy Reservoir?39views
- Multiple ChoiceWhich of the following statements is true about measuring positive externalities of education?19views
- Multiple ChoiceWhich of the following is a possible option to employ when demand for a good with externalities exceeds its capacity?34views
- Multiple ChoiceWhich of the following is a negative social consequence of Airbnb's property-sharing service that is not typically mentioned in standard economic texts?21views
- Multiple ChoiceWhich of the following is an economic effect of adding healthier options to a school lunch program?23views
- Multiple ChoiceWhich of the following is considered a negative externality beyond the control of a business?24views
- Multiple ChoiceWhich of the following is true of voluntary export restraints?22views
- Multiple ChoiceWhich of the following best explains why trade barriers can be harmful to an economy, considering the concepts of externalities, social benefits, and social costs?20views
- Multiple ChoiceWhich of the following is NOT an effect of our country running a trade deficit?20views