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Yukinara Yukinara
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7 months ago

Suppose the production of a good results in positive externalities. If output occurs at the intersection of the marginal social benefits curve and the supply curve, then



▸

output will be at the socially optimal level.



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the price of the product will be the same as it was when all benefits were not taken into account.



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more output will be produced than if all benefits were not taken into account.



▸

a and c



▸

a, b, and c

Textbook 
Economics

Economics


Edition: 12th
Author:
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Quiera730Quiera730
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7 months ago
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7 months ago
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