A good is most likely to be inefficiently priced if
A) some of the resources used in its production are scarce.
B) the good is private property.
C) some of the resources used in its production are free.
D) a corporation produces the good.
Correct Answer:
Verified
Q67: The factor that most often leads to
Q81: A firm is generating detrimental externalities when
A)
Q82: The classic example of a detrimental externality
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Q84: An example of a beneficial externality is
A)airport
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Q89: A market transaction causes an externality if
Q89: An externality is an event which
A)is external
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Q98: It is efficient to increase the output
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