If the United States and other developed nations pay the cost of reducing carbon emissions from the atmosphere, developing nations such as India could benefit from the reduction while not contributing to it

In this sense, reducing carbon emissions is essentially a A) public good.
B) private good.
C) club good.
D) transactions good.

A

Economics

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Bargaining costs are generally high in cases involving environmental externalities because

a. there are strong incentives to be a free rider. b. many individuals may be affected by the externalities. c. it is difficult to measure the costs of the externalities. d. all of the above.

Economics

If you live in a state with a returnable deposit law and you decide to throw out your empty bottles and cans, chances are that someone down the line with a higher opportunity cost than you will find them and return them for deposits

a. True b. False

Economics