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Title: If the consumption of a product conveys significant external benefits, Post by: sgy_89 on May 25, 2017 If the consumption of a product conveys significant external benefits,
A) consumers will recognize this fact and purchase the socially optimal amount of the product. B) government may choose to tax the consumption of the product to encourage its purchase. C) it must be produced by government because private firms will not be able to produce it profitably. D) government may choose to subsidize its purchase in order to make it more attractive to consumers. Title: Re: If the consumption of a product conveys significant external benefits, Post by: Vila on May 25, 2017 Content hidden
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