Ella lives in Flint Michigan where the city water was contaminated with harmful chemicals and lead. Ella’s infant now suffers from mental retardation due to lead poisoning. This is an example of Group of answer choices social cost for Ella and her family because they bear some cost derived from the water distribution activity. private cost for Ella and her family because they do pay for the water they receive from the city of Flint. external cost for Ella and her family because they bear some cost derived from the water distribution activity.
Ella lives in Flint Michigan where the city water was contaminated with harmful chemicals and lead. Ella’s infant now suffers from mental retardation due to lead poisoning. This is an example of Group of answer choices social cost for Ella and her family because they bear some cost derived from the water distribution activity. private cost for Ella and her family because they do pay for the water they receive from the city of Flint. external cost for Ella and her family because they bear some cost derived from the water distribution activity.
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter17: Externalities And The Environment
Section: Chapter Questions
Problem 10PAE
Related questions
Question
Ella lives in Flint Michigan where the city water was contaminated with harmful chemicals and lead. Ella’s infant now suffers from mental retardation due to lead poisoning. This is an example of
Group of answer choices
social cost for Ella and her family because they bear some cost derived from the water distribution activity.
private cost for Ella and her family because they do pay for the water they receive from the city of Flint.
external cost for Ella and her family because they bear some cost derived from the water distribution activity.
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