If companies who took into account an externality want to supply more at any given price compared to the original supply, they must have addressed a:

A. positive externality.
B. negative externality.
C. network externality.
D. social externality.

A. positive externality.

Economics

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What costs associated with the new miles-per-gallon requirements arise from decisions made in self-interest and in the social interest?

What will be an ideal response?

Economics

With perfect price discrimination, the firm faces a constant marginal revenue

a. True b. False

Economics