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Suppose a business firm dumps its used car batteries into the Mississippi River.

ID: 1177288 • Letter: S

Question

Suppose a business firm dumps its used car batteries into the Mississippi River. The company's actions constitute an external cost. The company's actions constitute an external benefit. The company's actions would be an example of the market system efficiently allocating resources. The company's actions damage no one but itself. Suppose a business firm dumps its used car batteries into the Mississippi River. The company's actions constitute an external cost. The company's actions constitute an external benefit. The company's actions would be an example of the market system efficiently allocating resources. The company's actions damage no one but itself. The company's actions constitute an external cost. The company's actions constitute an external benefit. The company's actions would be an example of the market system efficiently allocating resources. The company's actions damage no one but itself. The company's actions constitute an external cost.

Explanation / Answer

suppose the batteries are dumped in the river, the chemicals present in the batteries would react with water thereby polluting the water hence,the company need to take measures to dipose them in the river safely without polluting it

hence it will be 1st one

the companies contitues for external cost as they need to spend money

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