Production that generates positive externalities typically produces _______ than the socially optimum and this is because benefits to ________ are not taken into account by the market

a. more; free riders
b. less; free riders
c. less; government
d. more; government
e. more; antipolluters

B

Economics

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"There is evidence that the string of U.S. bank closings in the early 1930s helped start and worsen the Great Depression." Discuss

What will be an ideal response?

Economics

The game theory approach to the analysis of oligopoly assumes that oligopolists

A. ignore their interdependence. B. behave with little forethought. C. do not take their businesses seriously. D. act strategically.

Economics