Home / Questions / A negative externality is the same thing as an external cost
A negative externality is the same thing as an external cost.
32. A free rider attempts to receive benefits without paying for them.
33. Marginal social cost would be less than marginal private cost in the presence of negative
externalities.
34. The existence of positive externalities indicates that price is too low.
35. A market failure will occur when all benefits are internalized.
36. To correct for market failure, the government could impose a tax on the producer.
37. The existence of positive externalities indicates that the market is producing too many
goods.
38. In cases where negative externalities are present, the equilibrium price in the market is
higher than it should be to achieve the optimal allocation of resources.
Dec 11 2019 View more View Less
Suppose . Evaluate at the point where and
Jul 24 20211. Evaluate the overall performance and financial structure of Pearson Air Conditioning & Service. 2. What are the strengths and weaknesses in this firm’s management of a...
May 08 2020A stromatolite is a structure ________.a. produced by endosymbiosisb. that forms when a meteorite hits the Earthc. consisting of layered bacteria and sedimentd. that expe...
Jun 05 2021Suppose your company sells services of $180 in exchange for $110 cash and $70 on account. Required: 1. Show the journal entry to record this transaction. 2. Identify the ...
Apr 14 2020In an exhibition, 20 cars of the same style that are distinguishable only by their colors, are to be parked in a row, all facing a certain window. If four of the cars a...
Aug 03 2020Sloppy writing about correlation. Each of the following statements contains a blunder. Explain in each case what is wrong. (a) “There is a high correlation between the m...
Aug 01 2020If a firm bases its growth projection on the rate of sustainable growth, shows positive net income, and has a dividend payout ratio of 30 percent, then the: debt-equity r...
Sep 02 2020Graph the function and observe where it is discontinuous. Then use the formula to explain what have you observed.27.
Jul 18 2021Lombardi Printing has two support departments (administration and editorial) and two operating divisions (college texts and professional publications). Following are the...
Jun 24 2020Describe why the healthcare industry differs from other industries in terms of supply and demand.The answer must be 4-7 sentences
Apr 20 2021