Multiple Choice
For all economies, the extra external benefit accruing to bystanders from one extra unit of production is:
A) the marginal external benefit.
B) the marginal external cost.
C) the optimal corrective tax.
D) a technology spillover.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: A farmer agrees to give a company
Q37: (Figure: Public Goods and Common Resources) Use
Q38: (Market 6) Use the graph to answer
Q39: Traffic congestion is a common example of
Q40: (Table: Pollution and Marginal Cost of Reduction)
Q42: The free-rider problem is most common when
Q43: (Figure: MSC and Supply Curves) Use the
Q44: The extra external cost imposed on bystanders
Q45: What conditions must be met for private
Q46: The extra external benefit accruing to bystanders