Author Question: The existence of an externality is proof that there is a(n): a. market failure. b. undervaluation ... (Read 68 times)

DelorasTo · **on:** Jun 30, 2018

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.