A positive externality occurs when the marginal social benefits are less than the marginal private benefits.
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Q61: Education
A)is a public good.
B)provides a positive externality.
C)causes
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Q65: Marginal external benefit equals
A)marginal social benefit plus
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Q69: When a positive externality exists, the equilibrium
Q70: An example of an international negative externality
Q71: Marginal private cost refers to the marginal
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