A firm is generating detrimental externalities when
A) MSC is less than MPC.
B) MSC is the same as MPC.
C) MSC is greater than MPC.
D) MPC includes some incidental costs.
Correct Answer:
Verified
Q62: On balance, markets do some things very
Q67: The factor that most often leads to
Q76: In an ideal free unregulated market
A)supply curves
Q78: Which of the following observations is true?
A)A
Q79: Producing more cabbage is efficient if
A)cabbage production
Q83: If the production of a good generates
Q84: An example of a beneficial externality is
A)airport
Q85: A good is most likely to be
Q89: A market transaction causes an externality if
Q94: If production of a good creates beneficial
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents