Which of the following is true when the production of a good results in negative externalities?
A. the government must produce the good
B. the private market will produce too little of the good
C. the private market price will be too low
D. the government will always prevent the production of the good
E. private firms will not be able to maximize profits
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is true when the production of a good results in negative externalities? A. the government must produce the good B. ...” 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 » Which of the following is true when the production of a good results in negative externalities? A. the government must produce the good B. the private market will produce too little of the good C. the private market price will be too low D.