Author Question: Globalization is an economic issue and does not involve political and social dimensions. a. True ... (Read 158 times)

amal · **on:** Jun 30, 2018

Globalization is an economic issue and does not involve political and social dimensions.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If firms were required to pay the full social costs of the production of goods, including both private and external costs, other things being equal, there would probably be:
a. an increase in production.
b. a decrease in production.
c. a greater misallocation of resources.
d. a decrease in the market price of the product.