Positive externalities create problems within a price system in the sense that
A) if consuming a good creates positive externalities, no one will want to consume it.
B) if producing a good creates positive externalities, no one will want to produce it.
C) if consuming or producing a good creates positive externalities, too many resources will be devoted to it.
D) if consuming or producing a good creates positive externalities, too few resources will be devoted to it.
Correct Answer:
Verified
Q2: When costs of producing a good spill
Q3: Which of the following is an example
Q4: Market failures arise when
A) people look out
Q5: Market failures arise when
A) society is not
Q6: When the city of London imposed a
Q8: Which of the following is an incidence
Q9: A firm that produces chemical solvents creates
Q10: When does a subsidy to a business
Q11: Suppose that an instance of market failure
Q12: If a corporation were forced to absorb
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