When a Negative Externality Exists,_______________________ and Thus _______________ Intervention May
When a negative externality exists,_______________________ and thus _______________ intervention may be needed to achieve efficiency.
A) external costs are necessarily greater than private costs; government
B) social costs equal private costs; no government
C) social costs are less than private costs; government
D) social costs are greater than private costs; government
E) none of the above
Correct Answer:
Verified
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