When the marginal private benefit of an activity does not equal the marginal social benefit,which of the following exists?
A)Positive externality
B)Negative externality
C)Externality in consumption
D)Externality in production
E)External cost

Name: When the marginal private benefit of an activity does not equal the marginal social benefit,which of the following exists? A)Positive externality B)Negative externality C)Externality in consumption D)Externality in production E)External cost
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Question

Quizplus · Accepted Answer

The Answer is C

When the Marginal Private Benefit of an Activity Does Not