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Author Question: Global warming, which causes unfavorable climatic changes due to the burning of fossil fuels, would ... (Read 162 times)

DelorasTo

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Global warming, which causes unfavorable climatic changes due to the burning of fossil fuels, would be an example of a(n):
 a. positive externality.
 b. negative externality.
 c. internalized externality.
  d. Coase externality.

Question 2

Absolute advantage is irrelevant, because knowing the absolute number of labor hours required to produce a good does not tell us if we can benefit from trade.
 a. True
  b. False
  Indicate whether the statement is true or false



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heinisk01

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Answer to Question 1

b

Answer to Question 2

True




DelorasTo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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