In which of the following externality situations would it be most likely that voluntary agreements could be used to internalize an externality?
A) littering on highways
B) overharvesting of alligators in Louisiana
C) poaching of elephants in Africa
D) trees of one neighbor blocking a view of another
D
Economics
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John has to choose between a camping holiday and a holiday in Las Vegas. If he evaluates the total net benefit of both alternatives before coming to a decision, he is using the technique of:
A) ordinal analysis. B) optimization in levels. C) optimization in differences. D) marginal analysis.
Economics
The most extreme inflationary conditions occurred
A) in Zimbabwe in 2008. B) in Chile in 2012. C) in Eastern Europe in the 1990s. D) in Western Europe in the 1980s. E) in Germany in 20013.
Economics