Multiple Choice
An additional electric automobile on a congested freeway creates:
A) no production or consumption externality because electric cars do not pollute
B) a positive production externality because electric cars reduce pollution
C) a positive consumption externality because existing cars will increase their speed after the car enters the freeway
D) a negative consumption externality because its presence reduces the speed of traffic for cars already on the freeway
Correct Answer:
Verified
Correct Answer:
Verified
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