When the production of a good generates external costs, a firm's private supply curve will be

A. vertical.
B. horizontal.
C. to the left of the social supply curve.
D. to the right of the social supply curve.

Answer: D

Economics

You might also like to view...

Long term success through customer satisfaction

a. theory y b. theory x c. hawthorne effect d. tqm

Economics

Adjustments to GDP to account for environmental impacts is

a. ecodevelopment b. sustainable growth c. externalities d. environmental accounting e. none of the above

Economics