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Author Question: If the production of a product entails a positive externality, and the firm is NOT forced to ... (Read 46 times)

hubes95

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on: May 25, 2020
If the production of a product entails a positive externality, and the firm is NOT forced to consider the positive externality when deciding how much to produce, then the firm will produce
◦ the socially efficient level of output, as long as the firm is perfectly competitive.
◦ an output level that is less than the socially efficient one.
◦ an output level that is greater than the socially efficient one.
◦ the socially efficient level of output, as long as P = MC.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by hubes95 on May 25, 2020

Anton

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Reply #1 on: May 25, 2020
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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hubes95

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

ryhom

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Reply 3 on: Yesterday
Excellent

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