Multiple Choice
-In graphical form, the presence of an external benefit that is ignored by consumers can be shown as
A) a market demand curve to the left of the market demand curve for which the consumers take the external benefit into account.
B) a market demand curve to the right of the market demand curve for which the consumers take the external benefit into account.
C) a market demand curve the same as the market demand curve for which the consumers take the external benefit into account.
D) the absence of a market demand curve.
Correct Answer:
Verified
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