When a Person Can Pass Some of Her Costs of Using

question 182

Multiple Choice

When a person can pass some of her costs of using a resource on to someone else,

• A) the use of the resource is not affected by her actions.
• B) the internal costs of using the resource exceed the private costs.
• C) she uses too much of the resource.
• D) she uses too little of the resource.

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Definitions:

Horizontal Merger

The combination of two or more companies that operate in the same industry or produce similar products or services.

Automobile Company

A business that specializes in the manufacturing, design, marketing, or selling of motor vehicles.

Cooperative

An organization that is owned and operated by its members, who share the profits and benefits and democratically make decisions.