When the benefits to society of using a product exceed benefits to the user,
A) the product should be strictly regulated
B) the product should be taxed
C) the product provides a positive externality
D) the product is overproduced at the privately determined equilibrium
E) in time the product will not be produced
Correct Answer:
Verified
Q160: Based on 2005 data what country is
Q161: Exhibit 17-6 Q162: In order to increase society's well-being, measles Q163: If a private market determines the quantity Q164: If education creates positive externalities, Q166: Which of the following creates a positive Q167: Education confers positive externalities because Q168: In order to increase society's well-being, education Q169: Which of the following is a positive Q170: Exhibit 17-6 ![]()
A)private markets provide
A)some education is![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents