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Home Q & A Board Other Fields Homework Help Business Economics
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PaulKet PaulKet
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Posts: 488
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6 years ago
Which of the following statements about externality is INCORRECT?
A) Pollution of a chemical plant will create negative externalities to the residents living in the neighborhood.
B) Trees planted in the backyard of a house could create positive externalities to the pedestrians passing under.
C) Extra output sold by a firm that lowers the market price creates negative externalities to its rivals.
D) A single action may confer positive externalities on some people, but negative externalities on others.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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unExpectedunExpected
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6 years ago
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* Majoring in business & math

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PaulKet Author
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6 years ago
Thanks
jmelchor77
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Yesterday
Thank you, thank you, thank you!
karamsidhu1
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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