Which of the following are examples of negative externalities? A. Reduced spread of COVID-19 and other infectious diseases from people physically distancing and wearing masks. B. Unsightly oil rigs offshore from Santa Barbara, diminishing the quality of the view for beachgoers and coastal homeowners. C. Reduced incidence of the common flu stemming from more people obtaining flu shots during the Fall. D. Reduced crime rates stemming from rapid economic growth and reduced unemployment. E. High gas prices caused by rapid demand growth in China. F. Job losses associated with a factory closure in the United States, because a factory was opened in Mexico to replace it. G. Noise from traffic on a busy street. H. Light pollution from cities making it more difficult for observatories to view distant stars. I. Noise pollution eminating from windmills on the North Shore of Oahu. J. Pollution emissions from power plants.
Which of the following are examples of negative externalities? A. Reduced spread of COVID-19 and other infectious diseases from people physically distancing and wearing masks. B. Unsightly oil rigs offshore from Santa Barbara, diminishing the quality of the view for beachgoers and coastal homeowners. C. Reduced incidence of the common flu stemming from more people obtaining flu shots during the Fall. D. Reduced crime rates stemming from rapid economic growth and reduced unemployment. E. High gas prices caused by rapid demand growth in China. F. Job losses associated with a factory closure in the United States, because a factory was opened in Mexico to replace it. G. Noise from traffic on a busy street. H. Light pollution from cities making it more difficult for observatories to view distant stars. I. Noise pollution eminating from windmills on the North Shore of Oahu. J. Pollution emissions from power plants.
Chapter8: Market Failure
Section: Chapter Questions
Problem 1P
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Question
Which of the following are examples of negative externalities?
A. Reduced spread of COVID-19 and other infectious diseases from people physically distancing and wearing masks.
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B. Unsightly oil rigs offshore from Santa Barbara, diminishing the quality of the view for beachgoers and coastal homeowners.
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C. Reduced incidence of the common flu stemming from more people obtaining flu shots during the Fall.
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D. Reduced crime rates stemming from rapid
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E. High gas prices caused by rapid demand growth in China.
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F. Job losses associated with a factory closure in the United States, because a factory was opened in Mexico to replace it.
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G. Noise from traffic on a busy street.
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H. Light pollution from cities making it more difficult for observatories to view distant stars.
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I. Noise pollution eminating from windmills on the North Shore of Oahu.
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J. Pollution emissions from power plants.
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