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Author Question: If there are external costs in production and firms do not have to account for these costs, then ... (Read 31 times)

deesands

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on: Apr 19, 2019

Question 1

If there are external costs of production not accounted for, then marginal


◦ cost equals marginal social cost.
◦ cost is less than marginal social cost.
◦ cost is greater than marginal social cost.
◦ social cost is zero.

Question 2

If there are external costs in production and firms do not have to account for these costs, then firms will produce


◦ at the efficient level.
◦ an output level that is below the efficient level.
◦ an output level that is above the efficient level.
◦ an output level that is either above or below the efficient level.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by deesands on Apr 19, 2019

joanwhite

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Reply #1 on: Apr 19, 2019
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.
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deesands

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Reply #2 on: Apr 19, 2019
TY


joanwhite

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Reply #3 on: Apr 19, 2019
You're welcome


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