A factory in your community dumps waste products into a nearby river, polluting the water and killing fish. By so doing, the factory imposes a(n) __________ on you and your neighbors.
a. disproportionate cost
b. tariff in the free market
c. external cost
d. income transfer
Question 2
If you agree to abide by the laws of your government in exchange for that government's protection, which of the following have you tacitly signed?
a. a governmental agreement
b. a social contract
c. a writ of mandamus
d. the Declaration of Independence