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Author Question: If a production process creates positive externalities, a competitive market produces too few ... (Read 38 times)

karen

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on: Jul 1, 2018
If a production process creates positive externalities, a competitive market produces too few positive externalities because the producer
 
  A) does not pay all the costs of the externalities.
  B) does not receive compensation for the externalities.
  C) Both A and B.
  D) None of the above.

Question 2

If a production process creates pollution, a competitive market produces excessive pollution because
 
  A) private marginal cost of pollution exceeds its social marginal cost.
  B) social marginal cost of pollution exceeds its private marginal cost.
  C) the marginal benefit of pollution to the firm is zero.
  D) zero pollution is optimal.
Microeconomics ¦ Perloff ¦ 8th Edition
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samiel-sayed

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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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karen

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

lcapri7

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Reply 3 on: Yesterday
Excellent

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