Author Question: When a negative externality is present A) the market price is too low. B) the market price is too ... (Read 100 times)

magmichele12 · **on:** Jun 30, 2018

When a negative externality is present
A) the market price is too low.
B) the market price is too high.
C) the market price is at equilibrium.
D) none of these choices.

Question 2

Cartels are:
a. difficult to organize.
b. difficult to preserve.
c. especially unlikely to succeed if the members sell many varied products.
d. all of the above.