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When marginal private benefit is equal to marginal private cost,

jarzola

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A year ago

When marginal private benefit is equal to marginal private cost,

▸

the activity in question generates no negative externality.

▸

all negative externalities have been internalized.

▸

all positive externalities have been internalized.

▸

all of the above

▸

a or b

Textbook

Economics

Edition: 12^th

Author: Arnold

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ydnam23

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Posts: 142

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A year ago

More solutions for this book are available here

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jarzola Author

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A year ago

Correct

54321abs

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Yesterday

Good timing, thanks!

kh540941

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2 hours ago

Thanks for your help!!

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