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



Title: Which of the following is true?i.In an unregulated market with an external benefit, consumers don't
Post by: Loraine on Jun 20, 2015
Which of the following is true?
i.   In an unregulated market with an external benefit, consumers don't take it into account and consume less than the efficient quantity.
ii.   Marginal social cost equals marginal private cost minus marginal external cost.
iii.   An unregulated market produces more than the efficient quantity of a good with an external cost.
A) Only i
B) Only ii
C) Only iii
D) i and ii
E) i and iii


Title: Re: Which of the following is true?i.In an unregulated market with an external benefit, consumers do
Post by: Chimelo46 on Jul 30, 2015
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Title: Re: Which of the following is true?i.In an unregulated market with an external benefit, consumers don't
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.