What is the externality in the market for cashmere?
A. Stephen's cashmere toilet seat cover
B. Americans buy too much cashmere
C. Cashmere-producing goats create dust that lowers air quality in the U.S.
D. Cashmere sales have tripled in the last decade.
Answer:C
What is the externality in the market for cashmere?
A. Stephen's cashmere toilet seat cover B. Americans buy too much cashmere C. Cashmere-producing goats create dust that lowers air quality in the U.S. D. Cashmere sales have tripled in the last decade.