Chapter 10 - Externalities

studied byStudied by 0 people
0.0(0)
Get a hint
Hint

negative externality

1 / 15

flashcard set

Earn XP

Description and Tags

16 Terms

1

negative externality

A(n) ________ can be considered the exhaust from automobiles.

New cards
2

Bipartisan action

________ is not on the White House or Congress 'agenda.

New cards
3

external effects

When ________ are present, third parties must be taken into account when evaluating a market outcome.

New cards
4

Social value

________ is more advantageous than private and it's above the demand curve.

New cards
5

externality

Polluting firms pay the government and it costs the government more by internalizing the ________.

New cards
6
New cards
7
New cards
8
New cards
9
New cards
10
New cards
11
New cards
12
New cards
13

market equilibrium

The ________ is not efficient when there are externalities.

New cards
14
New cards
15
New cards
16
New cards

Explore top notes

note Note
studied byStudied by 8 people
Updated ... ago
5.0 Stars(1)
note Note
studied byStudied by 46 people
Updated ... ago
5.0 Stars(1)
note Note
studied byStudied by 12 people
Updated ... ago
5.0 Stars(3)
note Note
studied byStudied by 20 people
Updated ... ago
4.0 Stars(1)
note Note
studied byStudied by 44 people
Updated ... ago
5.0 Stars(3)
note Note
studied byStudied by 7 people
Updated ... ago
4.0 Stars(1)
note Note
studied byStudied by 53 people
Updated ... ago
5.0 Stars(1)
note Note
studied byStudied by 8 people
Updated ... ago
5.0 Stars(1)

Explore top flashcards

flashcards Flashcard40 terms
studied byStudied by 132 people
Updated ... ago
4.3 Stars(7)
flashcards Flashcard30 terms
studied byStudied by 4 people
Updated ... ago
5.0 Stars(4)
flashcards Flashcard94 terms
studied byStudied by 160 people
Updated ... ago
5.0 Stars(2)