An externality
a. results in an equilibrium that does not maximize the total benefits to society.
b. causes demand to exceed supply.
c. strengthens the role of the "invisible hand" in the marketplace.
d. affects buyers but not sellers.
a
Economics
You might also like to view...
On May 12, 2011, it cost U.S. $1.64 to buy one British pound. How many British pounds would U.S. $1 buy?
a. 0.56 b. 0.61 c. 1.64 d. 2.64
Economics
The current account section in a nation's balance of payments includes:
A. its goods exports and imports, and its services exports and imports. B. foreign purchases of domestic assets. C. purchases of foreign assets. D. all of these.
Economics