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sity Home Quiz: BCQ #4 Selection + e https://dominicanu.instructure.com/courses/924039/quizzes/1853155/take O less than the marginal benefit of another unit. O negative due to the external cost. greater than the marginal benefit of another unit O equal to the marginal benefit of another unit. D Question 2 Which of the following is an example of an activity with an external cost? O Speeding on the interstate. O Having to buy batteries for the new remote that came with a TV O Keeping your front yard clean. O Raising honeybees where neighbors on all sides grow apples D Question 3 In perfect competition the market gravitates to the price and quantity where demand and supply search

Explanation / Answer

2) raising honeybees where neighbours on all side grows apples is an example of activity with external cost . because raising honeybees is a negative externality for apples grower.

so, correct option is D

3) because that is where scarcity is eliminated.

so, correct option is D.

4) XE distance represents shortages of quantity.

so, social marginal hurt exceeds social marginal benefit is the correct answer.

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