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Author Question: Traffic congestion is an example of a ________. A) positive externality B) negative externality ... (Read 139 times)

bucstennis@aim.com

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on: Jun 29, 2018
Traffic congestion is an example of a ________.
 
  A) positive externality
  B) negative externality
  C) pecuniary externality
  D) free-rider problem

Question 2

Refer to the figure above. A change in the budget constraint from B1 to B2 indicates:
 
  A) an increase in the price of sweaters.
  B) a decrease in the price of sweaters.
  C) an increase in the consumer's income.
  D) a decrease in the consumer's income.


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bob

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


bucstennis@aim.com

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

T4T

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Reply 3 on: Yesterday
Excellent

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