A positive externality raises
A) marginal social benefits above marginal private benefits.
B) marginal benefits above marginal costs.
C) marginal private benefits above marginal social benefits.
D) marginal private costs above marginal social costs.
E) marginal social costs above marginal private costs.
Correct Answer:
Verified
Q72: The marginal benefit from consumption of a
Q73: Exhibit 15-2 Q74: If output is produced at the level Q75: When the external benefits in a market Q76: Explain why, in the case of negative Q78: A negative global externality occurs when one Q79: A positive externality occurs when one person's Q80: Marginal social cost equals the sum of Q81: The Coase theorem works provided Q82: Internalizing a negative externality causes market supply
A)the transactions costs
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