Week 3 Chapter Review
Week 3 Chapter Review
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Question 1 of 3
1. Question
What is a negative externality?
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Question 2 of 3
2. Question
How are the free rider problem and the common pool resource problem (also known as “the tragedy of the commons”) related to basic problems of externalities?
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Question 3 of 3
3. Question
Which of the following is NOT an example of a negative externality?