Positive externalities lead to under supply in a market
Indicate whether the statement is true or false
True
Economics
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If the marginal social cost of generating a kilowatt of electricity is $0.10 and the marginal private cost is $0.08, what is the marginal external cost?
A) $0.18 B) $0.10 C) $0.08 D) $0.02 E) $0.80
Economics
A Nash bargaining solution
A) is not the same as a Nash equilibrium. B) is derived from a Nash equilibrium. C) gives a solution in both cooperative and non-cooperative games. D) None of the above.
Economics