Suppose you have a dog in your apartment . Your dog barks at night sometimes and annoys your neighbours. But you are not worried about complaints from your neighbours because the apartment complex where you live allows dogs. In this situation, your decision to keep a dog ___________________ .   Group of answer choices   is an irresponsible one   generates external benefits   generates external costs   doesn't generate external costs or benefits

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter17: Externalities And The Environment
Section: Chapter Questions
Problem 4.9P
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Suppose you have a dog in your apartment . Your dog barks at night sometimes and annoys your neighbours. But you are not worried about complaints from your neighbours because the apartment complex where you live allows dogs. In this situation, your decision to keep a dog ___________________ .

 

Group of answer choices

 

is an irresponsible one

 

generates external benefits

 

generates external costs

 

doesn't generate external costs or benefits

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