Which of the Following Is NOT an Example of a Good

question 65

Multiple Choice

Which of the following is NOT an example of a good with an external cost?

• A) electricity generation that produces carbon dioxide emissions that contribute toward global warming
• B) logging that pollutes a nearby river
• C) Jess smoking near her non-smoking roommate
• D) Ahmed working at a bank and he gets a flu shot each fall
• E) noise pollution from aircraft

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Definitions:

General Security Agreement

A legal document that secures the repayment of a loan or debt with the borrower's assets as collateral.

Statutory Relief

Legal remedies or exemptions provided under specific statutes or laws to mitigate or avoid certain legal obligations or penalties.

Oppression

A condition of being governed, controlled, or treated unfairly and unjustly by a more powerful entity.

Par-value Shares

Shares of a company that have a minimum fixed face value, and the company cannot issue these shares at a price below this value.