In the presence of positive externalities, a free market will choose a price which is too ____ and produce an output which is too ____ compared with the social optimum.
a. high; low
b. low; low
c. high; high
d. low; high
e. marginal; inequitable
Question 2
The government would use production taxes to remedy the problem of substantial:
a. internal benefits of production.
b. external benefits of production.
c. external costs of production.
d. external benefits of consumption
e. external costs of consumption.
Number of positive, negative, and neutral images recalled by younger, middle-age, and older adults. ...
Positive velocity graph
Positive ring precipitin test.
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