A positive externality arises in a situation where a third party, outside the transaction, Group of answer choices fails to allocate resources efficiently. suffers from a market transaction by others. pays a pollution tax to balance social costs. benefits from a market transaction by others.
A positive externality arises in a situation where a third party, outside the transaction, Group of answer choices fails to allocate resources efficiently. suffers from a market transaction by others. pays a pollution tax to balance social costs. benefits from a market transaction by others.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter14: Environmental Economics
Section: Chapter Questions
Problem 2SQ
Question
A positive externality arises in a situation where a third party, outside the transaction,
Group of answer choices
fails to allocate resources efficiently.
suffers from a market transaction by others.
pays a pollution tax to balance social costs.
benefits from a market transaction by others.
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
Unlock instant AI solutions
Tap the button
to generate a solution
Recommended textbooks for you
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning