Multiple Choice
When a positive externality is present in a market,the quantity consumed:
A) is always more than the socially optimal quantity.
B) is the same as the socially optimal quantity.
C) is often more than the socially optimal quantity.
D) is less than the socially optimal quantity.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q114: When private costs equal social costs,it means
Q115: The idea of a carbon tax makes
Q116: Who is affected when a Pigouvian tax
Q117: An example of a Pigovian tax would
Q118: If it's possible to eliminate the problems
Q119: The effect of a government subsidy in
Q120: If a production process created pollution,then the
Q121: An example of a Pigovian tax would
Q123: One way to make consumers take a
Q124: When negative externalities are present in a