Essay
When there is a marginal external ________ producers take account only of marginal private cost and produce ________ than the efficient quantity.
A) cost; more
B) cost; less
C) benefit; more
D) benefit; less
E) increase; more
Correct Answer:

Verified
Correct Answer:
Verified
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q50: MSB equals<br>A) MC + the marginal external
Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -When young students
Q52: Some policymakers have proposed giving parents of
Q53: A marginal external cost of a product
Q55: Suppose a firm pollutes a river when
Q56: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figure
Q59: A marketable permit<br>A) allows firms to pollute