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Author Question: An externality refers to an economic event which takes place outside of a market. Indicate ... (Read 104 times)

robinn137

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on: Jun 29, 2018
An externality refers to an economic event which takes place outside of a market.
 
  Indicate whether the statement is true or false

Question 2

When a government taxes the sale of beer, cooperative surplus ________ and society gets ________.
 
  A) increases; richer
  B) increases; poorer
  C) decreases; richer
  D) decreases; poorer


akpaschal

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

FALSE

Answer to Question 2

D


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