If a positive externality exists,__________ for the socially optimal output to be reached.
A) supply needs to decrease
B) demand needs to increase
C) demand needs to decrease
D) a and c
E) none of the above
Correct Answer:
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Q63: A _ good is one that once
Q82: Exhibit 31-3 Q83: Exhibit 31-3 Q85: Exhibit 31-3 Q89: Exhibit 31-3 Q93: A negative externality exists when Q105: It is argued that the market will Q111: The excludability versus nonexcludability issue is Q112: If the consumption of a good by Q115: A nonexcludable public good 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
A)marginal social costs
A)not
A)relevant to
A)nonrivalrous in consumption.
B)rivalrous
