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

Author Question: If a production process creates positive externalities, a competitive market produces too few ... (Read 94 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Jul 1, 2018
If a production process creates positive externalities, a competitive market produces too few positive externalities because the producer
 
  A) does not pay all the costs of the externalities.
  B) does not receive compensation for the externalities.
  C) Both A and B.
  D) None of the above.

Question 2

If a production process creates pollution, a competitive market produces excessive pollution because
 
  A) private marginal cost of pollution exceeds its social marginal cost.
  B) social marginal cost of pollution exceeds its private marginal cost.
  C) the marginal benefit of pollution to the firm is zero.
  D) zero pollution is optimal.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
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


karen

  • Member
  • Posts: 537
Reply 2 on: Jul 1, 2018
Excellent

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

The production of transgenic crops The production of transgenic crops
Crossing over creates heteroduplex DNA Crossing over creates heteroduplex DNA
Use a DMM set to read DC volts to check the voltage drop of the positive circuit to the fuel ... Use a DMM set to read DC volts to check the voltage drop of the positive circuit to the fuel ...
A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ... A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ...
World Aquaculture Production "لإنتاج العالمي لتربية الأحياء" World Aquaculture Production "لإنتاج العالمي لتربية الأحياء"
World Crude Oil Production, 1900–2010 World Crude Oil Production, 1900–2010
Video: T cell receptors

For a complete list of videos, visit our video library