This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the production of a product entails a positive externality, and the firm is NOT forced to ... (Read 34 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by hubes95 on May 25, 2020

Anton

  • Sr. Member
  • ****
  • Posts: 302
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.
Answer Preview
Only 56% of students answer this correctly


hubes95

  • Member
  • Posts: 561
Reply 2 on: May 25, 2020
Great answer, keep it coming :)

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

The human birth process as an example of positive feedback. The human birth process as an example of positive feedback.
The frontal sinus, an airfilled space just behind the brow, is a unique size and shape in each of us The frontal sinus, an airfilled space just behind the brow, is a unique size and shape in each of us
Negative and positive feedback loops Negative and positive feedback loops
Use the product rule to find derivative Use the product rule to find derivative
To find the derivative use product rule To find the derivative use product rule
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library