Which of the following creates a negative externality? a. Texting while driving. b. New safety regulations that make cars more expensive. c. A new technology lowers the cost of making TVs, lowering their price. d. A port city builds a lighthouse so that ships coming to it can avoid crashing into hidden rocks.

Which of the following creates a negative externality? a. Texting while driving. b. New safety regulations that make cars more expensive. c. A new technology lowers the cost of making TVs, lowering their price. d. A port city builds a lighthouse so that ships coming to it can avoid crashing into hidden rocks.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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