A negative externality exists if
A) there are quantity controls in a market.
B) the marginal social cost of producing a good or service exceeds the private cost.
C) there are price controls in a market.
D) the marginal private cost of producing a good or service exceeds the social cost.
B
Economics
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How much of each dollar spent by a consumer ultimately becomes income to someone else?
A) less than one dollar B) It depends on how much the cost there is in the distribution channel that delivers the good from the manufacturer to the consumer. C) It depends on how much labor was needed to produce the good that the consumer buys. D) one dollar
Economics
An increase in consumer wealth would shift the aggregate demand curve rightward
Indicate whether the statement is true or false
Economics