When a positive externality is present
A) the market price is too low.
B) the market price is too high.
C) the market price is in equilibrium.
D) none of these choices.
B
Economics
You might also like to view...
According to Maslow's Hierarchy of Needs, physiological is the most basic. What is the need that comes next?
a. Esteem b. Self-Actualization c. Belongingness and Love d. Safety
Economics
Other things the same, if the government increases transfer payments to households, then the effect of this on the government's budget
a. will make investment rise. b. will make the rate of interest rise. c. will make public saving rise. d. All of the above are correct.
Economics