In order to achieve a socially optimal level of output,production that generates positive externalities should be:
A)required.
B)subsidized.
C)conducted by the government.
D)deregulated.

Name: In order to achieve a socially optimal level of output,production that generates positive externalities should be: A)required. B)subsidized. C)conducted by the government. D)deregulated.
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Question

Quizplus · Accepted Answer

Subsidizing activities that yield positive externalities compensates the generator for the benefits generated.

In Order to Achieve a Socially Optimal Level of Output,production