If firms pollute when they produce,
a. marginal social cost equals marginal private cost
b. marginal private cost exceeds marginal social cost
c. marginal social cost exceeds marginal private cost
d. marginal social cost equals marginal external cost
e. marginal social cost equals marginal private cost, which equals marginal external cost
C
Economics
You might also like to view...
The purchase of a foreign asset by a U.S. resident is a
A) surplus item on the financial account. B) deficit item on the current account. C) deficit item on the financial account. D) surplus item on the current account.
Economics
Information facilitates exchange by fostering competition
Indicate whether the statement is true or false
Economics