A positive externality is internalized when
A) demand shifts to the right until the socially optimal level of output is obtained.
B) demand shifts to the left until the socially optimal level of production is obtained.
C) supply shifts to the left until the socially optimal level of production is obtained.
D) supply and demand both shift to the left until the socially optimal level of production is obtained.
Correct Answer:
Verified
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Q104: Exhibit 30-3 Q105: Exhibit 30-3 Q106: Exhibit 30-3 Q107: It is argued that the market will Q108: Exhibit 30-3 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)not
