When negative externalities are present in a market,
a. producers will be affected but consumers will not.
b. producers will supply too much of the product.
c. demand will be too high.
d. the market will still maximize total benefits.
b
You might also like to view...
A fall in the real interest rate
A) results in a movement along the demand for loanable funds curve. B) shifts the demand for loanable funds curve rightward. C) shifts the demand for loanable funds curve leftward. D) has no effect on the demand for loanable funds curve
Which of the following statements is correct? In 2014,
a. real income per person in the U.S. was about 4 times that in China. b. real income per person in China was more than 2 times that in India. c. the typical resident of India had less real income than the typical resident of England in 1870. d. All of the above are correct.