Solved

Given a Positive Externality,the Marginal Private Benefit Curve Lies to the __________

Question 155

Multiple Choice

Given a positive externality,the marginal private benefit curve lies to the __________ of the demand curve,with the market output __________ the socially optimal output.


A) right; above
B) right; below
C) left; above
D) left; below

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q49: All economists agree that to justify that

Q53: A side effect of an action that

Q65: A negative externality can be internalized by<br>A)persuasion.<br>B)the

Q141: If the government does not provide it,

Q152: Which of the following statements is false?<br>A)

Q157: Lemon laws _ the _ problem in

Q163: Explain why the socially optimal output is

Q178: Negative externalities arising from the production of

Q182: To reduce pollution, economists generally prefer a

Q185: Which of the following statements is true?<br>A)When