When Pigouvian subsidy is imposed on a market with a positive externality, total surplus:
A. decreases less than the increase in consumer surplus.
B. increases less than the decrease to producer surplus.
C. increases more than the increase in consumer surplus.
D. decreases more than the decrease to producer surplus.
A. decreases less than the increase in consumer surplus.
Economics
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Indicate whether the statement is true or false
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Which of the following did not contribute to the overall decline in death rates in the United States since 1981?
A) a decline in smoking B) the decline in the population C) the availability of new prescription drugs D) new surgical techniques
Economics