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Retnec Retnec
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7 years ago
If the consumption of a product yields external benefits, individuals, pursuing their own self interest
A) will tend to consume the optimal amount of that product from a social point of view.
B) will tend to consume too little of that product from a social point of view.
C) will tend to consume too much of that product from a social point of view.
D) All of the above are equally possible.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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Retnec Author
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#2
7 years ago
My exam's next week!

Perfect timing
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