What makes an externality positive rather than negative?
A) The deadweight loss is greater than zero,not less.
B) The socially optimal quantity exchanged is less,not greater,than at market equilibrium.
C) The externality affects the demand curve rather than the supply curve.
D) The externality benefits third parties rather than harming them.
E) The externality becomes internalized without government action.
Correct Answer:
Verified
Q66: Consider the accompanying figure to answer the
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Q68: Which good has well-defined property rights?
A) wild
Q69: Refer to the accompanying figure.The market for
Q70: Which of the following is an example
Q72: Consider the accompanying figure to answer the
Q73: Externalities are minimized if
A) private property rights
Q74: A major reason why the market equilibrium
Q75: Which of the following correctly describes the
Q76: Externalities exist because
A) owners of private property
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