Which of the following statements is false?
A) A positive externality is internalized if the person that generated the externality incorporates into his or her own private cost-benefit calculations the external benefits that third parties receive.
B) Internalizing externalities is not the same as adjusting for externalities.
C) An externality has been completely internalized if the socially optimal output emerges.
D) Assigning property rights is one way to internalize externalities.
Correct Answer:
Verified
Q39: Exhibit 30-1 Q40: When a negative externality exists, Q41: If a person who generates a negative Q42: Exhibit 30-2 Q43: Which of the following statements is true? Q45: Suppose the production of a good results Q46: Suppose the production of a good results Q47: When positive externalities are involved, the market Q48: Exhibit 30-2 Q49: When negative externalities are involved, the market 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 costs are
A)When
