Suppose a wallet firm has been dumping its wastes into the local river. The government finds out and insists that the firm pay for the cost of the river cleanup. As a result, we can expect:
a. more wallets to be produced at a lower price.
b. more wallets to be produced at a higher price.
c. fewer wallets to be produced at a lower price.
d. fewer wallets to be produced at a higher price.
e. the same number of wallets to be produced at a higher price.
Question 2
John paints the exterior of his house and, as a result, his neighbor Christine is able to sell her home for 5,000 more than she could have before. John's house painting:
a. creates a negative externality for Christine.
b. shows John is a free rider.
c. results in an efficient market outcome for both.
d. creates a positive externality for Christine.
e. was poorly done.
Brumbies on the Chandler River, Oxley Wild Rivers National Park.
Indicators for assessing local blood flow
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Disposal of Infectious Wastes and Substances
Hives is a general contraindication in the acute phase and a local contraindication in the subacute ...