Author Question: A negative externality is A) a cost realized by the producer of a good or service. B) anything ... (Read 90 times)

Zoey63294

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A negative externality is
 
  A) a cost realized by the producer of a good or service.
  B) anything that is external or not relevant to the production of a good or service.
  C) a cost paid for by the consumer of a good or service.
  D) a by-product of an activity that hurts someone who is not involved in that activity.

Question 2

The amount you pay for apps to download to your cell phone is an example of a(n) ________ cost.
 
  A) implicit
  B) opportunity
  C) explicit
  D) network



sierramartinez

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Answer to Question 1

D

Answer to Question 2

C



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