Certain activities, such as bee pollination or nature preservation, generate external benefits that will likely be carried out at levels that _____ those that would be efficient.

Question

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Activities that generate external benefits, like bee pollination or nature preservation, are often underprovided compared to the efficient level because the individuals or companies providing these services do not receive all the benefits, leading to less provision than would be socially optimal.

Certain Activities, Such as Bee Pollination or Nature Preservation, Generate