Which of the following is the main reason for externalities?
A. Police enforcement of scalping is not uniformly enforced.
B. the lack of organized exchanges for all goods and services
C. The production of public goods uses up scarce resources.
D. The full cost of a transaction is not borne by the buyer/seller of the product.
Answer: D
You might also like to view...
If Europe and the United States were the only two regions in the world, then U.S. residents might desire to buy euros for all except one of the following reasons. Which is the exception?
a. to invest in Europe b. to buy European goods c. to improve the U.S. balance of payments d. to make loans in Europe e. to buy European stocks
Barriers to immigration are much higher in most countries today, than it was in the twentieth century
a. True b. False Indicate whether the statement is true or false
An oligopoly is a market in which at least some firms are large enough to influence market price
a. True b. False Indicate whether the statement is true or false
For a country with a fixed exchange rate, a monetary shock will have a smaller impact on the domestic economy than will a comparable domestic spending shock.
Answer the following statement true (T) or false (F)