In a market with positive externalities,
A) the efficient level of production is less than what competition will obtain.
B) the efficient level of production is equal to what competition will obtain.
C) the efficient level of production is more than what competition will obtain.
D) there cannot be an efficient level of production.
Question 2
In a competitive market, a negative externality creates a deadweight loss because
A) the cost of the externality is double counted.
B) a harm is generated.
C) price equals social marginal cost.
D) price equals private marginal cost.
Primary production increases with an increase in total phosphorus concentration.
projections of future oil production
(A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive
The structure of skin (a) and epidermis (b) at the microscopic level.
The IPCC projects sea level rise
Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production