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rafiki121 rafiki121
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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 supply curve and the marginal social benefits curve, then



the socially optimal level of output will be produced.



society will incur a net social cost.



society will want less produced, and producers will be willing to satisfy that desire.



there is market failure.

Textbook 
Economics

Economics


Edition: 12th
Author:
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heavenlyangelheavenlyangel
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7 months ago
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rafiki121 Author
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7 months ago
Helped a lot
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thank you, thank you, thank you!
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