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Vlad1618 [11]
3 years ago
11

Which of the following generate the type of externality previously described? (Negative Externality)

Business
1 answer:
lubasha [3.4K]3 years ago
4 0

Answer:

B. The local airport has doubled the number of runways, causing additional noise pollution for the surrounding residents.

Explanation:

A negative externality occurs when the production or consumption of a good causes a negative effect to a third party. It is a secondary effect of an economic activity which besides, it's not reflected in the profit or direct costs of that activity.

Some examples of negative externalities are: loud music, pollution, vehicular congestion or building new roads.

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Acording to the data, we have the following:

The current spot exchange is $1.55=€1.00

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Hence,to calculate  the least value this option should sell for we have to calculate the following:

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Assume that there are two nations, alpha and beta. each nation produces two products, wheat and steel. alpha has a comparative a
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