An negative externality is present whenever:
a. the private marginal cost of an activity exceeds the private marginal benefit.
b. the private marginal benefit of an activity exceeds the private marginal cost.
c. the social marginal cost of an activity exceeds the private marginal cost.
d. none of the above
c
Economics
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a. Always go towards the end of the day, when the seller does not get a chance to make a counteroffer b. Threaten to leave if the car dealer says anything but yes to your offer c. Carry only one cashier's check that cannot be modified d. All of the above
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Describe in general terms four or five characteristics of less-developed countries
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