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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: If the production of a good causes an external cost, then the efficient quantity is
Post by: Loraine on Jun 20, 2015
If the production of a good causes an external cost, then the efficient quantity is
A) equal to the quantity at which the marginal benefit equals marginal cost.
B) less than the quantity at which the marginal benefit equals the marginal cost.
C) more than the quantity at which the marginal benefit equals the marginal cost.
D) the quantity at which the marginal private benefit is greater than the marginal social benefit.
E) None of the above answers is correct.


Title: Re: If the production of a good causes an external cost, then the efficient quantity is
Post by: Chimelo46 on Jul 31, 2015
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Title: Re: If the production of a good causes an external cost, then the efficient quantity is
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.