15. Suppose Heesun lives alone. She has two pet hamsters; she likes the hamsters because they are...

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15. Suppose Heesun lives alone. She has two pet hamsters; she likes the hamsters because they are cute. But cleaning their cage every day is a hassle.

In this case, Heesun’s hamsters entail

a. an external cost.

b. an external benefit.

c. neither an external cost nor an external benefit.

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Principles Of Microeconomics

ISBN: 9780393679199

3rd Edition

Authors: Dirk Mateer, Lee Coppock

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