38. Negative externalities are also called a. positive externalities. b. external benefits. c. external costs. d. all of the above. e.. none of the above.

Suppose electricity generates a negative externality in production If​ so, then   A. the marginal social cost of electricity is less than the marginal private cost .   B. the marginal social cost of electricity equals the marginal private cost .   C. the marginal social benefit of electricity is less than the marginal private benefit .   D. the marginal social cost of electricity equals the marginal social benefit.   E. the marginal social cost of electricity is greater than the marginal private cost.

Mankiw Chapter 11 2 b Are the externalities associated with common resources generally positive or negative? Use examples in your answer. Is the free market use of common resources generally greater or less than the efficient use?

D Question 7 Noise generated by an airport best illustrates.  market power. overproduction of private goods. an externality. an inequity.

-0. Which of the following are examples of activities that yield external benefits? a. Your neighbor paints his house bright orange, pink, purple, black, red, and green. b. The person next to you in class is sick with the flu and keeps coughing toward you. c. Your neighbor blasts his stereo super loud from 3:00 a.m. to 5:00 am while he gets ready for work. d. All of the above are examples of activities that yield external benefits. e.. None of the above are examples of activities that yield external benefits. 1. Which of the following are examples of activities that yield external costs? a. Your neighbor paints his house bright orange, pink, purple, black, red, and green. b. The person next to you in class is sick with the flu and keeps coughing toward you. c. Your neighbor blasts his stereo super loud from 3:00 a.m. to 5:00 am while he gets ready for work. All of the above are examples of activities that yield external costs. d. e. None of the above are examples of activities that…

#8. A party ends up spreading the coronavirus. Is that an externality? a. Yes, it is a negative externality b. Yes, it is a positive externality c. No, it is not an externality

Spillovers or externalities: a. have been legislated out of existence. b. relate to both costs and benefits. c. None of the Above d. relate to benefits only. e. relate to costs only.

What is externality.    Explain its both types negative and positive too.

Next question Which of the following is an example of a positive externality? A. A lower inflation rate would benefit most consumers. B. Compulsory flu shots for all students prevents the spread of illness in the general public. C. Promoting generic drugs would benefit people. D. Singapore has adopted a comprehensive savings plan for all workers known as the Central Provident Fund.

When producing a good generates external costs, the producing firm's supply curve will Multiple Choicea. be vertical.b. overstate the total cost of production.c. be above (to the left of) the total-cost supply curve.d. understate the total cost of production.