Internalizing a positive externality will cause the demand curve to
a. shift to the right.
b. shift to the left.
c. become more elastic.
d. remain unchanged.
a
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What was the rate of growth of real GDP from 1960 to 2010?
a. 19% b. 81% c. 110% d. 376%
If 1 British pound was equal to $2 in 2005 and $1.75 in 2008, it indicates that the pound appreciated against the dollar in 2008
a. True b. False Indicate whether the statement is true or false
What determines the productivity growth rates of a country?
A. Amount of working capital currently available B. Rates of increase of capital, technology, and workforce quality C. Current level of gross domestic product D. Current levels of human capital, physical capital, and technology
Refer to the graph shown. With an effective price ceiling at $3, total surplus is reduced by:
A. 100. B. 30. C. 20. D. 50.