In the case of a positive externality, social marginal cost will
a. exceed private marginal cost.
b. be equal to private marginal cost.
c. fall short of private marginal cost.
d. have no specific relation to private marginal cost.
c
Economics
You might also like to view...
An investment tax credit will lead to
a. a lower equilibrium interest rate in equilibrium b. a decrease in household consumption spending in equilibrium c. slower economic growth d. lower equilibrium investment in physical capital e. a increase in household consumption spending
Economics
Macro disturbances can be caused by changes in
A. Government spending only. B. Exports only because this is the only type of expenditure that is not controllable. C. Consumption, investment, government spending, or exports. D. Investment only.
Economics