Generally, negative externalities result in
A) too much of a good being produced.
B) the socially optimal output of a good being produced.
C) too little of a good being produced.
D) either a or c
E) any of the above
Correct Answer:
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Q88: Marginal social benefits are equal to
A)marginal private
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A)must usually
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A)marginal social costs
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Q95: A positive externality exists when
A)marginal social costs
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