Total Surplus in the Presence of a Negative Externality That

question 33

Multiple Choice

Total surplus in the presence of a negative externality that has not been internalized equals:

• A)consumer surplus + producer surplus - external cost
• B)consumer surplus + producer surplus + external cost
• C)consumer surplus - producer surplus - external cost
• D)consumer surplus - producer surplus + external cost

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Definitions:

Reverse Discrimination

Reverse discrimination refers to unfair treatment of members of a majority or historically advantaged group, often as a result of policies intended to address historical injustices.

Individual Discrimination

Discrimination carried out by one person against another.

Latino Tenants

Individuals of Latin American origin or descent who rent housing or properties.

Discriminatory Practices

Actions that unjustly differentiate among people based on race, age, sex, or other protected characteristics.