An Externality Is Said To Exist When:

(Correct Answer Below)

Reveal the answer to this question whenever you are ready.

An Externality Is Said To Exist When:

A. individuals impose costs or benefits on others but have no incentive to take these costs and benefits into account. B. individuals impose costs or benefits on others, and the market provides incentives to take these costs and benefits into account. C. individual actions are affected by external forces; for example, the loss of U.S. jobs due to competition from abroad is an externality. D. individual actions are affected by government policies (such as taxes) that are externally imposed on the market.
Front

Advertisement

A. individuals impose costs or benefits on others but have no incentive to take these costs and benefits into account.
Enter another question to find a notecard:

About the flashcard:

This flashcard is meant to be used for studying, quizzing and learning new information. Many scouting web questions are common questions that are typically seen in the classroom, for homework or on quizzes and tests. Flashcards vary depending on the topic, questions and age group. The cards are meant to be seen as a digital flashcard as they appear double sided, or rather hide the answer giving you the opportunity to think about the question at hand and answer it in your head or on a sheet before revealing the correct answer to yourself or studying partner. Some questions will include multiple choice options to show you the options involved and other questions will just have the questions and corrects answers. Simply reveal the answer when you are ready to check your work. Absolutely no cheating is acceptable.

You May also Like:

[wcp-carousel id="1853"]