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Other Fields Homework Help Economics Topic started by: caillacakes on Jul 22, 2019



Title: The marginal principle ________ to private goods with external benefits because ________.
Post by: caillacakes on Jul 22, 2019
The marginal principle ________ to private goods with external benefits because ________.

▸ does not apply; it is a principle that governs private markets with no externalities

▸ does apply; the efficient quantity is that quantity for which the marginal private benefit equals the marginal cost

▸ does apply; the efficient quantity is that quantity for which the marginal social benefit equals the marginal cost

▸ does not apply; the efficient quantity is a quantity greater than the quantity for which the marginal private benefit equals the marginal cost


Title: The marginal principle ________ to private goods with external benefits because ________.
Post by: RNIPP on Jul 22, 2019
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Title: The marginal principle ________ to private goods with external benefits because ________.
Post by: caillacakes on Jul 22, 2019
Good timing, thanks!