An example of a negative externality is:
A. the traffic created by a city hosting a popular event.
B. smell of a pizza shop making pizza.
C. people getting flu shots during flu season.
D. All of these are examples of negative externalities.
A. the traffic created by a city hosting a popular event.
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A dose-response function
a. identifies the threshold level of exposure by its vertical intercept b. always graphs as a linear function c. is an important element of the risk management process d. all of the above e. none of the above
Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is $9?
A) $180,000 B) $90,000 C) $60,000 D) $210,000
A divisive society is a nonexcludable public _____________ because it comes with ____________.
A. good; utility B. bad; disutility C. bad; utility D. good; disutility
In the u.s., any project requiring a federal permit or license, or using federal funds, by law must be preceded by an
A. needs assessment B. archeological assessment C. cultural assessment D. social impact statement