When positive externalities are present,it means that:
A) individuals don't take into account all the benefits associated with their market choice.
B) society bears part of the cost borne of private transactions.
C) individuals consume more than the social optimum.
D) All of these statements are true.
Correct Answer:
Verified
Q27: When a negative externality is present in
Q28: The net increase to total surplus when
Q29: If a negative externality were present in
Q30: When negative externalities exist in a market,if
Q31: When negative externalities are present in a
Q33: When private costs equal social costs,it means
Q34: If a production process created pollution,then the
Q35: When a negative externality is present in
Q36: When an externality is present in a
Q37: If the social cost is greater than
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents