Which of the following might be considered a positive externality?
A. better fishing resulting from increased lake temperatures generated by the nearby power plant
B. the pollination of an orange grove due to bees kept by a nearby beekeeper
C. individuals who did not get the flu, yet did not receive a flu shot when those around them did receive the shot
D. All of these are correct.
Answer: D
You might also like to view...
Consider the following T-account for National City Bank:
Assets Liabilities Reserves $10,000 Deposits $100,000 Loans $90,000 If the required reserve ratio is lowered to 8 percent, how much can National City loan out? A) $10,000 B) $8,000 C) $2,000 D) $0
In order to infer expected future exchange rates, we must have a forward exchange market in a currency
Indicate whether the statement is true or false
Adam has 3 apples and 3 oranges. Eve has 2 apples and 2 oranges. The marginal utilities for Adam and Eve are summarized in the above table. Adam asks Eve to exchange one of her apples for an orange.
A. Eve will be willing to make the exchange, because her total satisfaction will remain unchanged. B. Eve will be unwilling to make the exchange, because she loses 15 utils of satisfaction. C. Eve will be unwilling to make the exchange, because she loses 5 utils of satisfaction. D. Eve will be willing to make the exchange, because her total satisfaction will increase.
Refer to the information provided in Figure 16.2 below to answer the question(s) that follow.
Figure 16.2Refer to Figure 16.2. The ________ imposed as a result of producing the market (unregulated) level of cars is $350.
A. total damage B. marginal private cost C. marginal social cost D. marginal social benefit