Recall the application about how a private good,LoJack,generates external benefits as well as private benefits.Who are the recipients of the external benefits generated by LoJack?
A) the purchasers of the LoJack system
B) the producers of the LoJack system
C) the owners of cars that do not have the LoJack system
D) the insurance companies that offer discounts to LoJack purchasers
Correct Answer:
Verified
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