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 is constrained by the most limiting factor.
Confirming an Extinction-Level Impact Site
Gram positive S. pyogenes bacteria in chains.
Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Upper-Level Maps
Ramey's study, children from poverty-level families IQ experiment