A positive externality arises in a situation where a third party, outside the transaction,
A. fails to allocate resources efficiently.
B. suffers from a market transaction by others.
C. benefits from a market transaction by others.
D. pays a pollution tax to balance social costs.
C. benefits from a market transaction by others.
Environmental & Atmospheric Sciences
You might also like to view...
The mechanism for continental drift was proposed early on and widely accepted by scientists in both the United States and Europe.
a. true b. false
Environmental & Atmospheric Sciences
The ocean floor topography is
A) smooth. B) varied. C) flat. D) unknown.
Environmental & Atmospheric Sciences
The English language has a very complex grammar
Indicate whether the statement is true or false.
Environmental & Atmospheric Sciences
Rocks such as limestone and granite cannot be groundwater reservoirs. Indicate whether the statement is true or false
Environmental & Atmospheric Sciences