Multiple Choice
In the case of a negative externality, the entire marginal social cost curve lies
A) below the entire marginal private cost curve by the amount of the external costs associated with the negative externality.
B) below the entire demand curve by the amount of the external costs associated with the negative externality.
C) above the entire marginal private cost curve by the amount of the external costs associated with the negative externality.
D) above the entire demand curve by the amount of the external costs associated with the negative externality.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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