Consider a setting in which there is a positive externality, but no negative externality. The market outcome is __________________; government can bring about the ___________________ outcome if it sets a subsidy equal to the __________________
A) inefficient; efficient; MEB
B) inefficient; efficient; MEC
C) efficient; inefficient; MPC
D) inefficient; efficient; MPB
E) inefficient; efficient; MSB
A
Economics
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Explain how BOP disequilibrium is restored under
(a) flexible exchange rates. (b) fixed exchange rates, after you define what a BOP disequilibrium means.
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What is a sumptuary tax? Give an explanation for how cigarette taxes could be justified as a sumptuary tax. Give an explanation for why cigarette taxation might not, in actuality, achieve the goal of sumptuary taxation
What will be an ideal response?
Economics