Which might be an example of a positive externality?
A) Loud hip-hop music
B) A dog gets loose from its master
C) A lost wallet filled with twenty-dollar bills
D) The rumbling of a Harley Davidson Low Rider motorcycle
E) Any of the above, as long as they unintentionally benefit others
E
You might also like to view...
The cross-price elasticity of demand for a good is the:
A) percentage change in the quantity demanded for a good due to a percentage change in the consumer's income. B) percentage change in the quantity demanded for a good due to a percentage change in the good's price. C) percentage change in the quantity demanded for a good due to a percentage change in tax rates. D) percentage change in the quantity demanded for a good due to a percentage change in the price of related goods.
Since lower-income people spend a larger proportion of their incomes on groceries than do higher-income people, if grocery stores were required by law to charge a 10-cent fee for disposable bags, this fee could be considered a
A) progressive tax. B) proportional tax. C) regressive tax. D) income tax.