The market for honey is:
A) inefficient since beekeepers do not receive compensation for their bees pollinating fruits and vegetables.
B) efficient since farmers pay beekeepers to pollinate their crops, which internalizes the externality.(True Answer
) Correct
C) a public goods market.
D) in disequilibrium since the market quantity of honey is less than the socially optimal quantity of honey.
Correct Answer:
Verified
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I. the market equilibrium
A) benefits received by people other