ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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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.
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Transcribed Image Text: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.
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