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FEE Externalities

Authored by Derek D'Angelo

Social Studies

9th - 12th Grade

Used 1+ times

FEE Externalities
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13 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Actions individuals and businesses take that impose spillover costs on others.

negative externality

positive externality

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Individuals and businesses do too much of these activities because they may not weigh the costs to others.

negative externality

positive externality

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is an example of a negative externality?

education

pollution

home remodeling

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Actions individuals and businesses take that provide spillover benefits to others.

negative externality

positive externality

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Individuals and businesses don’t do enough of these activities because they may not weigh the benefits to others.

negative externality

positive externality

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Without any intervention in a market with a positive externality, consumption is

less than the socially optimal quantity

the same as the socially optimal quantity

more than the socially optimal quantity

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is an example of a positive externality?

A neighbor who buys a birdfeeder and others enjoy having the birds around.

A neighbor playing loud music as others are trying to relax on their patio.

A neighbor who has a barking dog that wakes people up early.

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