Multiple Choice
A positive externality exists when
A) marginal social costs are less than marginal private costs.
B) marginal social costs are greater than marginal private costs.
C) marginal social benefits are less than marginal private benefits.
D) marginal social benefits are greater than marginal private benefits.
E) a and d
Correct Answer:
Verified
Correct Answer:
Verified
Q169: Identify two activities that generate positive externalities
Q170: Exhibit 30-5<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 30-5
Q171: Exhibit 30-4<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 30-4
Q172: In the case of a positive externality,
Q173: If Jamal successfully and completely internalizes a
Q175: When marginal private benefit is equal to
Q176: The buyer of a good has less
Q177: Which of the following statements is true?<br>A)A
Q178: Negative externalities arising from the production of
Q179: Insurance deductibles _ the _ problem of