When consumption of a good generates a positive externality, which of the following must be true at the market equilibrium?
A. Marginal social benefit is less than marginal private cost. B. Marginal social benefit is greater than marginal private benefit. C. Marginal social cost is greater than marginal social benefit. D. Marginal social cost is less than marginal private benefit.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When consumption of a good generates a positive externality, which of the following must be true at the market equilibrium? A. Marginal ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » When consumption of a good generates a positive externality, which of the following must be true at the market equilibrium? A. Marginal social benefit is less than marginal private cost. B.