The concept of external cost is associated with a negative externality, but not with a positive externality
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Gross domestic product (GDP) is:
A. a stock. B. a flow. C. both a stock and a flow. D. neither a stock nor a flow.
Economics
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. If one drone is produced, total variable costs are
A. $30. B. $40. C. $50. D. indeterminate from this information.
Economics