_____ benefits are marginal benefits excluding external benefits.
A) Marginal social
B) Marginal private
C) Social equilibrium
D) Marginal social equilibrium
Correct Answer:
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Q14: An example of a firm's marginal private
Q15: _ costs are costs from society's perspective.
A)
Q16: The individual consumer gain received from buying
Q17: _ are marginal benefits that are received
Q18: _ benefits are marginal benefits plus external
Q20: Economic efficiency occurs when:
A) marginal social benefits
Q21: Social equilibrium is where:
A) marginal social benefits
Q22: Positive externalities result in _ of a
Q23: Because of a _ externality, marginal social
Q24: Because of a _ externality, marginal social
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