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Loraine Loraine
wrote...
Posts: 4563
8 years ago
When production of a good results in an external cost, the unregulated competitive market equilibrium is inefficient because ________.
A) MSC = MC
B) MSC = MB
C) MSC > MB
D) MSC < MB
E) MSC is undefined
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 272 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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8 years ago
Glad to help you, and good luck with your course.
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