Exhibit 30-5

Refer to Exhibit 30-5. If a positive externality exists, then curve __________ represents the marginal social benefit curve and the area __________ represents the market failure.
A)2; BDC
B)1; ABC
C)3; ABC
D)2; ABC
E)1; BDC

Question

Exhibit 30-5 ​

Refer to Exhibit 30-5. If a positive externality exists, then curve __________ represents the marginal social benefit curve and the area __________ represents the market failure.
A)2; BDC 
B)1; ABC 
C)3; ABC 
D)2; ABC 
E)1; BDC

Quizplus · Accepted Answer

The Answer of Exhibit 30-5 ​

Refer to Exhibit 30-5. If a positive externality exists, then curve __________ represents the marginal social benefit curve and the area __________ represents the market failure.
A)2; BDC 
B)1; ABC 
C)3; ABC 
D)2; ABC 
E)1; BDC

Exhibit 30-5 ​ Refer to Exhibit 30-5. If a Positive Externality Exists, Then

Exhibit 30-5 Refer to Exhibit 30-5. If a Positive Externality Exists, Then