Negative externalities:
A) create a deadweight loss as do positive externalities.
B) move the economy closer to the social optimum.
C) create a deadweight loss and move the equilibrium away from the social optimum.
D) should be eliminated completely to move to the social optimum.
Correct Answer:
Verified
Q2: Which of the following is not a
Q3: Which of the following is a real-world
Q4: What must be true for the provision
Q5: A nonexclusive good:
A)is also non-rival.
B)is also rival.
C)must
Q6: A public good is a good:
A)that is
Q7: Which of the following is a real-world
Q8: An externality arises when:
A)an economic good is
Q9: Which of the following is a real-world
Q10: An example of a positive externality is:
A)a
Q11: When the market for product Y includes
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