Solved

When the Marginal Private Cost of an Activity Does Not

Question 127

Multiple Choice

When the marginal private cost of an activity does not equal the marginal social cost,which of the following exists?

A) Positive externality
B) Negative externality
C) Externality in consumption
D) Externality in production
E) External cost

Related Questions

Q118: It is efficient for regulatory bodies to

Q119: Following Questions are based on the following

Q120: To date,there has been no formal use

Q121: Air pollution did not cause great concern

Q122: Deodorant is an example of a collectively

Q123: Complete elimination of pollution is economically rational

Q124: When there are no externalities,equilibrium in a

Q125: The Following Questions Refer to the graph

Q126: Pollution should be completely eliminated<br>A)When the marginal

Q128: The market output level tends to be