Market Failure: Externalities (MRU Based)
Authored by Kerwin Alexander
Business
7th - 12th Grade
Used 25+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The price you pay for an iTunes download
Private costs
External costs
Private benefits
External benefits
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The benefit your neighbor receives from hearing you play your pleasant music
Private costs
External costs
Private benefits
External benefits
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The annoyance of your neighbor because she doesn’t like your achingly conventional music
Private costs
External costs
Private benefits
External benefits
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The pleasure you receive from listening to your iTunes download
Private costs
External costs
Private benefits
External benefits
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The price you pay for a security system for your home
Private costs
External costs
Private benefits
External benefits
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The safety you enjoy as a result of having the security system
Private costs
External costs
Private benefits
External benefits
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The crime that is more likely to occur to your neighbor once a criminal sees a “Protected by alarm” sticker on your window.
Private costs
External costs
Private benefits
External benefits
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