Clams&Co is a young mussel-farming company in Jamaica Bay, not too far off from Far Rockaway Beach. It has been discussed that mussels are a sustainable food that also helps clean waters and fight pollution, despite the fact that they are often not the consumers' favorite seafood at the restaurant. This situation is an example of negative demand externality: True or False?

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter17: Externalities And The Environment
Section: Chapter Questions
Problem 6QFR
icon
Related questions
Question

Clams&Co is a young mussel-farming company in Jamaica Bay, not too far off from Far Rockaway Beach. It has been discussed that mussels are a sustainable food that also helps clean waters and fight pollution, despite the fact that they are often not the consumers' favorite seafood at the restaurant.

This situation is an example of negative demand externality:

True or False?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Microeconomics A Contemporary Intro
Microeconomics A Contemporary Intro
Economics
ISBN:
9781285635101
Author:
MCEACHERN
Publisher:
Cengage
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Microeconomics
Microeconomics
Economics
ISBN:
9781337617406
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Managerial Economics: Applications, Strategies an…
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning