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Tidy Tidy
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9 years ago
Which of the following describes how a positive externality affects a competitive market?
A) The externality causes a difference between the private benefit from consumption and the social benefit.
B) The externality causes a difference between the private benefit from production and the social cost of production.
C) The externality causes quantity demanded to exceed quantity supplied.
D) The externality causes a difference between the social cost of production and the social cost of consumption.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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9 years ago
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Tidy Author
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9 years ago
this is exactly what I needed
aricketts6@
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Yesterday
Good timing, thanks!
DaiwalkerX
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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