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Exhibit 30-5 ​ Refer to Exhibit 30-5. If a Positive Externality Exists, Then

Question 16

Multiple Choice

Exhibit 30-5 ​
Exhibit 30-5 ​ Refer to Exhibit 30-5. If a positive externality exists, then curve __________ represents the marginal social benefit curve and the area __________ represents the market failure. A) 2; BDC B) 1; ABC C) 3; ABC D) 2; ABC E) 1; BDC
Refer to Exhibit 30-5. If a positive externality exists, then curve __________ represents the marginal social benefit curve and the area __________ represents the market failure.


A) 2; BDC
B) 1; ABC
C) 3; ABC
D) 2; ABC
E) 1; BDC

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