This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When an external cost associated with the production of some good has been internalized, it means that (Read 144 times)

frosh101

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022

Question 1

Which of the following best describes how economists generally view pollution?
◦ as an economic "bad" that must be eliminated entirely
◦ as a non-excludable good
◦ as a negative economy
◦ as a positive externality
◦ as a negative externality

Question 2

When an external cost associated with the production of some good has been internalized, it means that
◦ the private cost of production is borne by the producer.
◦ the consumer is bearing the net social benefits imposed by the producer.
◦ the opportunity cost of production is passed on to the consumer.
◦ the firm is ignoring social costs.
◦ the external costs are incorporated into private decision making.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frosh101 on Oct 12, 2022

KAyteeBee1129

  • Full Member
  • ***
  • Posts: 165
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


frosh101

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

External nose, mouth, and neck. External nose, mouth, and neck.
External Obliques External Obliques
Use an Automated External Defibrillator Use an Automated External Defibrillator
Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid
Internal and External Loci of Control Internal and External Loci of Control
The production of a new allopolyploid species The production of a new allopolyploid species
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library