Practice Negative Externalities (9.2) - Microeconomics - IB 10 Individuals & Societies

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9 questions

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3 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
3 questions · about 2 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is a negative externality?
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Think about the side effects of actions not involved in a transaction.
Question 2.
Give one example of a negative externality.
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Consider common daily activities that affect others.
3Question 3.
What is a negative externality?
- A benefit to third parties.
- A cost imposed on third parties.
- A market equilibrium.
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Remember the impact on others.
4Question 4.
True or False: All externalities are negative.
- True
- False
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Consider both sides of externalities.
Question 5.
Design a proposal for a government policy aimed at reducing negative externalities from urban traffic. What would it entail?
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Focus on practical ways to modify behavior.
Question 6.
Critically assess the impact of heavy industrialization on community health in a specific city. What externalities are at play?
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Consider both immediate and long-term impacts on society.

5 more questions in this section. Enroll free to practise them all.