What does a positive externality cause?
A) The marginal social benefit to be equal to the marginal private cost of the last unit produced
B) The marginal social benefit to be less than the marginal private cost of the last unit produced
C) The marginal social benefit to exceed the marginal private cost of the last unit produced
D) The marginal private benefit to exceed the marginal social cost of the last unit produced
Correct Answer:
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Q3: From the list below, the best example
Q4: Figure 15.1 Q5: Property rights are Q6: Figure 15.2 Q7: Figure 15.1 Q8: Which of the following is a source Q9: A 'social cost' of production is Q10: Mandatory motorcycle helmet laws are designed to Q11: Figure 15.2 Q16: If you burn your trash in the 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
A)the title to ownership of
A)the cost
