Who Gains Surplus When Consumers in a Market Are Forced

question 6

Multiple Choice

Who gains surplus when consumers in a market are forced to internalize a negative externality?

• A)Consumers
• B)Producers
• C)Others affected by the externality
• D)All of these groups gain surplus when negative externalities are internalized.

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Definitions:

Less

Used to indicate a smaller amount or degree of something compared to another amount or thing.

"As Built"

A term used in construction and engineering to describe the final specifications of a project after completion, detailing how it was actually built.

Boundary Lines

The defined borders that mark the edges of a property or jurisdiction.

Physical Improvements

Refers to enhancements or modifications made to a property or asset that increase its value or utility.