Exhibit 30-2
-Refer to Exhibit 30-2. If Exhibit 30-2 exhibits a positive externality situation, then what is Q2?
A) It is the quantity of output at which marginal social benefits (MSB) equal marginal private benefits (MPB) .
B) It is the quantity of output at which MPB > MSB.
C) It is the market output-the quantity of output that exists if the external benefits associated with the positive externality are not taken into account.
D) It is the socially optimal output-the quantity of output that exists if the external benefits associated with the positive externality are taken into account.
E) none of the above
Correct Answer:
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Q50: Exhibit 30-2 Q51: Suppose the production of a good results Q52: Given a positive externality, the marginal social Q53: When a positive externality exists, Q54: In which of the following situations would Q56: Exhibit 30-2 Q57: Samantha is given a flu shot by Q58: The side effect of an action that Q59: An externality is internalized if Q60: Exhibit 30-2 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)external benefits are
A)the person(s) or
