Externalities Measure

question 46

Multiple Choice

Externalities measure

• A)Only costs of a market activity borne by a third party.
• B)Only benefits of a market activity borne by a third party.
• C)Either costs or benefits of a market activity borne by a third party.
• D)None of the choices are correct.

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Definitions:

Ethanol

A volatile, flammable, colorless liquid alcohol, used as a solvent and in the manufacture of organic chemicals and biofuels.

Methanol

A simple alcohol with the formula CH₃OH, used as a solvent, antifreeze, fuel, and as feedstock for chemical synthesis.

Balanced Equation

A chemical equation in which the number of atoms for each element is the same on both the reactant and product sides.

Propanol

An alcohol with the chemical formula C3H8O, used as a solvent and antiseptic.