If There Are Both External Benefits and External Costs Associated

Multiple Choice

If there are both external benefits and external costs associated with the production and consumption of a good, and the external benefits are less than the external costs,

A) ​More than the efficient amount is being produced
B) ​Less than the efficient amount is being produced
C) ​the efficient amount is being produced
D) ​We do not know whether the efficient amount, or more or less, is being produced.