Which of the following would create a negative externality? A person plays loud music that can be heard by neighbors who would like to sleep O People do not consider the risk of spreading a virus when making decisions O A power plant does not pay the cost of acid rain from burning coal all of these

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter17: Market Failure: Externalities, Public Goods, And Asymmetric Information
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Which of the following would create a negative externality?
A person plays loud music that can be heard by neighbors who would like to sleep
O People do not consider the risk of spreading a virus when making decisions
O A power plant does not pay the cost of acid rain from burning coal
all of these
Transcribed Image Text:Which of the following would create a negative externality? A person plays loud music that can be heard by neighbors who would like to sleep O People do not consider the risk of spreading a virus when making decisions O A power plant does not pay the cost of acid rain from burning coal all of these
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