Unpriced by-products of production or consumption that impose costs on other consumers or firms are known as

a. negative externalities
b. effluent fees
c. pollution rights
d. positive externalities
e. moral hazards

A

Economics

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When resources are assigned to inappropriate tasks, that is, tasks for which they are not the best match, the result will be producing at a point

A) where the slope of the PPF is positive. B) where the slope of the PPF is zero. C) inside the PPF. D) outside the PPF.

Economics

Auditors should never count a cash fund with the custodian present because the custodian might be able to influence the count.

a. true b. false

Economics