The presence of an external benefit that is not corrected results in:
A)additional total economic surplus.
B)deadweight loss.
C)a larger economic pie to be distributed among everyone.
D)taxation.

Name: The presence of an external benefit that is not corrected results in: A)additional total economic surplus. B)deadweight loss. C)a larger economic pie to be distributed among everyone. D)taxation.
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Question

Quizplus · Accepted Answer

An uncorrected externality creates an inefficiency,or deadweight loss.

The Presence of an External Benefit That Is Not Corrected