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    Exam 30: Market Failure Externalities Public Goods and Asymmetric Information
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    Given a Positive Externality, the Marginal Social Benefits Curve Lies
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Given a Positive Externality, the Marginal Social Benefits Curve Lies

Question 114

Question 114

Multiple Choice

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


A) right; greater than
B) right; less than
C) left; greater than
D) left; less than

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