Author Question: An externality refers to an economic event which takes place outside of a market. Indicate ... (Read 109 times)

robinn137

  • Hero Member
  • *****
  • Posts: 544
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

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

FALSE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

For a complete list of videos, visit our video library