18.Externalities can beby collective (i.e.).action.а.enhanced // marketb.internalized // marketinternalized // governmentexternalized // governmentС.d.

Answered: 18. a. b. C. d. Externalities can be…

18. a. b. C. d. Externalities can be enhanced // market internalized // market internalized // government externalized // government by collective (i.e.) action.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

18.
Externalities can be
by collective (i.e.).
action.
а.
enhanced // market
b.
internalized // market
internalized // government
externalized // government
С.
d.

Expert Solution

Step 1

Externalities: These are the cost or benefits for a third party who does not agree to it.

Governments and establishments regularly make moves to disguise externalities, in this way market-valued exchanges can consolidate every one of the advantages and expenses related to exchanges between financial specialists. The most well-known way this is done is by forcing charges on the makers of this externality.

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