Multiple Choice
When marginal private benefit is equal to marginal private cost,
A) the activity in question generates no negative externality.
B) all negative externalities have been internalized.
C) all positive externalities have been internalized.
D) all of the above
E) a or b
Correct Answer:
Verified
Correct Answer:
Verified
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
Q174: A positive externality exists when<br>A)marginal social costs
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
Q180: Exhibit 30-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 30-3