If consuming a good with a positive externality, a person will likely consider only the _____ marginal benefits of consumption, which causes _____ consumption than is socially optimal.
A) external; more
B) private, not the external; more
C) private, not the external; less
D) external; less
Correct Answer:
Verified
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Figure 17.4
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Figure 17.1
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Figure 17.2
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