An externality refers to an economic event which takes place outside of a market. Indicate ...

Author Question: An externality refers to an economic event which takes place outside of a market. Indicate ... (Read 93 times)

robinn137

Hero Member
Posts: 544

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

Sr. Member
Posts: 342

Reply #1 on: Jun 29, 2018

Answer to Question 1

FALSE

Answer to Question 2

D

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