There is often litter along highways but rarely in people's yards. Which of the following statements help explain this observation? Check all that apply. A. When a person litters along a highway, others bear the negative externality of having to clean it up. B. No one cares if there is litter on the highway. C. Littering in your own yard imposes costs to you, so you are less likely to do it.
There is often litter along highways but rarely in people's yards. Which of the following statements help explain this observation? Check all that apply. A. When a person litters along a highway, others bear the negative externality of having to clean it up. B. No one cares if there is litter on the highway. C. Littering in your own yard imposes costs to you, so you are less likely to do it.
Chapter8: Market Failure
Section: Chapter Questions
Problem 1P
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There is often litter along highways but rarely in people's yards.
Which of the following statements help explain this observation? Check all that apply.
A. When a person litters along a highway, others bear the negative externality of having to clean it up.
B. No one cares if there is litter on the highway.
C. Littering in your own yard imposes costs to you, so you are less likely to do it.
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