When a Positive Externality Exists, _______________________ and Thus _______________ Intervention
When a positive externality exists, _______________________ and thus _______________ intervention may be needed to achieve efficiency.
A) external costs are necessarily greater than private costs; government
B) social costs equal private costs; no government
C) social costs are less than private costs; government
D) social costs are greater than private costs; government
Correct Answer:
Verified
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