Suppose a wallet firm has been dumping its wastes into the local river. The government finds out and insists that the firm pay for the cost of the river cleanup. As a result, we can expect:
a. more wallets to be produced at a lower price.
b. more wallets to be produced at a higher price.
c. fewer wallets to be produced at a lower price.
d. fewer wallets to be produced at a higher price.
e. the same number of wallets to be produced at a higher price.
Question 2
John paints the exterior of his house and, as a result, his neighbor Christine is able to sell her home for 5,000 more than she could have before. John's house painting:
a. creates a negative externality for Christine.
b. shows John is a free rider.
c. results in an efficient market outcome for both.
d. creates a positive externality for Christine.
e. was poorly done.
Black River Brookie
Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea
Cheirurus sp., middle Ordovician age, Volkhov River, Russia
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Herpes is a local contraindication during active phase.
Growth of Government Spending, 1870–2009