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 39 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
Thanks for the timely response, appreciate it

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Crossing over produces new allelic combinations Crossing over produces new allelic combinations
Oncosis Process Oncosis Process
olfaction process olfaction process
A Hall-effect sensor produces a digital on-off voltage signal whether it is used with a blade or a ... A Hall-effect sensor produces a digital on-off voltage signal whether it is used with a blade or a ...
How to find two positive angles less than 360° that have a tangent of −2.25 How to find two positive angles less than 360° that have a tangent of −2.25
Human of the planet's net primary production and appropriation of NPP Human of the planet's net primary production and appropriation of NPP
Video: Burn Animation

For a complete list of videos, visit our video library