When we add private benefits and external benefits together, the result is:
A) production benefits.
B) social benefits.
C) public costs.
D) network benefits.
Correct Answer:
Verified
Q10: All externalities:
A)are harmful to society and create
Q11: External costs and external benefits are collectively
Q12: An external cost is typically referred to
Q13: A network externality is:
A)a direct effect on
Q14: The effect that an additional user of
Q16: A positive externality is a(n):
A)external benefit.
B)external cost
Q17: Which of the following is a good
Q18: Social costs are:
A)private costs plus external costs.
B)network
Q19: Which of the following is a good
Q20: Private benefits accrue:
A)indirectly to the decision maker
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