Which of the following statements is true?
a. Externalities can never refer to costs borne by the seller
b. Both external costs and external benefits can never exist for the same good.
c. Externalities can never lead to under-production of a specific good.
d. External benefits can never exceed external costs.
a
Economics
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Use the information in the table above to calculate the value of net exports
A) $10 million B) $0 C) -$10 million D) $30 million
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Societies in which _____ produce more entrepreneurs
a. the ratio of immigrants to the local population is high b. culture supports individual achievements c. individuals are self-interested d. immigrants are allowed to hold government positions e. immigrants are more intelligent than the local population
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