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Home Q & A Board Other Fields Homework Help Business Economics
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mewdie mewdie
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5 years ago
When the social costs exceed the private costs, economists state that there is
A) a positive externality.
B) an underproduction of output.
C) a negative externality.
D) a waste of resources in production.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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FleuryFleury
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5 years ago
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mewdie Author
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#2
5 years ago
Appreciate the effort you put into answering, thank you!
wrote...
#3
5 years ago
You're very welcome
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