Pollution Is an Example of a

question 141

Multiple Choice

Pollution is an example of a

• A)public good.
• B)positive externality.
• C)private cost.
• D)negative externality

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Definitions:

Total Revenue

The total amount of money generated by the sale of goods or services before any expenses are subtracted.

Domestic Producers

Companies or individuals that produce goods and services within their home country.

Foreign Producers

Foreign producers are companies or individuals who produce goods or services outside the domestic market.

Tariff

Government-imposed duties on imported or, less commonly, exported goods, often established to protect domestic industries and to generate revenue.