This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When an external cost associated with the production of some good has been internalized, it means that (Read 126 times)

frosh101

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022

Question 1

Which of the following best describes how economists generally view pollution?
◦ as an economic "bad" that must be eliminated entirely
◦ as a non-excludable good
◦ as a negative economy
◦ as a positive externality
◦ as a negative externality

Question 2

When an external cost associated with the production of some good has been internalized, it means that
◦ the private cost of production is borne by the producer.
◦ the consumer is bearing the net social benefits imposed by the producer.
◦ the opportunity cost of production is passed on to the consumer.
◦ the firm is ignoring social costs.
◦ the external costs are incorporated into private decision making.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frosh101 on Oct 12, 2022

KAyteeBee1129

  • Full Member
  • ***
  • Posts: 165
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


frosh101

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
:D TYSM

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

A, External respiration; B, internal respiration. A, External respiration; B, internal respiration.
external structure of female reproductive system external structure of female reproductive system
World Crude Oil Production, 1900–2010 World Crude Oil Production, 1900–2010
British Iron Production, 1600–1870 British Iron Production, 1600–1870
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Dendrite Animation

For a complete list of videos, visit our video library