Those Opposed to Fracking, a Method of Extracting Natural Gas

question 211

Multiple Choice

Those opposed to fracking, a method of extracting natural gas through breaking up underground rocks with chemicals and water, warn that this method might pollute nearby sources of drinking water.
-Any such pollution is

• A) an external benefit.
• B) an external cost.
• C) a private cost.
• D) a private benefit.

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Definitions:

Machinery and Equipment

Physical assets used in a business operation to produce goods or services, not including buildings or property.

Assessed Tax Valuation

The valuation placed on property by a public tax assessor for the purposes of taxation.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.

Distribution Center

A warehouse or specialized facility where goods are stored, managed, and then distributed to retailers or directly to customers.