All Subjects
Light
collapse
Practice Quizzes
AP Microeconomics
Unit 6 – Market Failure and the Role of Government
Topic 6.2
A company make nuclear reactive products, when left without regulation they dump nuclear waste into river. What is being described, and how does the quantity produced in the market compare to the socially optimal quantity?
A positive externality; the market quantity is lower than the socially optimal quantity
A public good; the market quantity is lower than the socially optimal quantity
A negative externality; the market quantity is higher than the socially optimal quantity
A positive externality; the market quantity is higher than the socially optimal quantity
Related content
Practice quizzes
Practice this subject
Practice this unit
Practice this topic
Study guides (1)
AP Microeconomics - 6.2 Externalities
Key terms
Regulation
Socially Optimal Quantity
Nuclear Waste
About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
Stay Connected
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Back
Practice Quiz
Guides
Glossary
Guides
Glossary
Next