This topic contains a solution. Click here to go to the answer

Author Question: The existence of an externality is proof that there is a(n): a. market failure. b. undervaluation ... (Read 81 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
The existence of an externality is proof that there is a(n):
 a. market failure.
  b. undervaluation of a good.
  c. undervaluation of a cost.
  d. property dispute.
  e. free-rider problem

Question 2

Externalities get their name from the fact that they are:
 a. b and d.
  b. unintended.
  c. short lived.
  d. outside of decisions.
  e. outside of marketplace.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

a

Answer to Question 2

d




DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Wow, this really help


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

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?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

For a complete list of videos, visit our video library