A positive externality is present whenever:
A) the social marginal benefit of an activity exceeds the private marginal benefit.
B) the private marginal benefit of an activity exceeds the private marginal cost.
C) the social marginal cost of an activity exceeds the private marginal cost.
D) none of the above.
Correct Answer:
Verified
Q54: An negative externality is present whenever:
A)the private
Q55: Which of the following activities, if any,
Q56: Negative externalities are costs incurred by: I.buyers
II)sellers
IiI)someone
Q57: Which of the following activities, if any,
Q58: Which of the following will most likely
Q60: The Coase theorem implies that an efficient
Q61: If there are both external benefits and
Q62: As a result of technology spillovers: Taxes
Q63: If positive externalities are present in the
Q64: If education produces positive externalities and 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