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 57 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
YES! Correct, THANKS for helping me on my review

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

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?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

The attachment process The attachment process
Coracoid process Coracoid process
Positive and Negative Symptoms of Schizophrenia Positive and Negative Symptoms of Schizophrenia
Color mixtures of reflected pigment—subtractive process Color mixtures of reflected pigment—subtractive process
Skin testing. Note the spot labeled H, which is the positive histamine control, and the spot labeled ... Skin testing. Note the spot labeled H, which is the positive histamine control, and the spot labeled ...
Bulk flow by positive pressure (pressure Bulk flow by positive pressure (pressure
Video: Rods and Cones Animation

For a complete list of videos, visit our video library