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Author Question: If a market is subject to a positive externality, A) the demand curve reflecting social benefit ... (Read 117 times)

Garrulous

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on: Jul 1, 2018
If a market is subject to a positive externality,
 
  A) the demand curve reflecting social benefit will be to the right of the demand curve representing private benefit.
  B) there is only one demand curve.
  C) the demand curve reflecting social benefit will be to the left of the demand curve representing private benefit.
  D) private benefit will exceed social benefit.

Question 2

If a production process generates pollution, then a competitive market will produce more of the good than is socially optimal because
 
  A) firms take all costs into consideration.
  B) firms incur all costs of production but ignore some of them.
  C) firms ignore the costs of production that they do not incur.
  D) firms set price equal to social marginal cost.
Microeconomics ¦ Perloff ¦ 8th Edition
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Anonymous

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Garrulous

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Reply #2 on: Jul 1, 2018
Correct answers!


Anonymous

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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