When There Is a Positive Externality

Multiple Choice

When there is a positive externality,

A) the marginal private benefit received by consumers is greater than the external benefit.
B) the marginal social benefit received by consumers is greater than the marginal private benefit.
C) the marginal private benefit received by consumers is greater than the marginal private cost.
D) the marginal private benefit received by consumers is greater than the marginal social benefit.