Multiple Choice
When marginal private cost is equal to marginal social cost,
A) the activity in question generates no positive externality.
B) the activity in question generates no negative externality or those externalities have been internalized.
C) all positive externalities have been internalized.
D) no negative externalities have been internalized.
Correct Answer:
Verified
Correct Answer:
Verified
Q75: In which of the following situations would
Q78: When a negative externality exists, the market
Q127: Exhibit 30-2 <br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 30-2
Q128: The excludability versus nonexcludability issue of the
Q129: A negative externality is internalized when _
Q130: If the consumption of a good by
Q137: Exhibit 30-1 <br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 30-1
Q138: Some pollution may be preferable to zero
Q139: In which of the following situations would
Q151: The primary characteristic of a public good