Author Question: Which of the following statements about externality is INCORRECT? A) Pollution of a chemical ... (Read 175 times)

robinn137

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Which of the following statements about externality is INCORRECT?
 
  A) Pollution of a chemical plant will create negative externalities to the residents living in the neighborhood.
  B) Trees planted in the backyard of a house could create positive externalities to the pedestrians passing under.
  C) Extra output sold by a firm that lowers the market price creates negative externalities to its rivals.
  D) A single action may confer positive externalities on some people, but negative externalities on others.

Question 2

The forecasting technique, which predicts technological trends and is carried out by a sequential series of written questions and answers is
 
  A) the Delphi method.
  B) the market research method.
  C) opinion polling.
  D) the jury of executive opinion approach.



soda0602

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Answer to Question 1

C

Answer to Question 2

A



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