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sgy_89 sgy_89
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6 years ago
If the consumption of a product conveys significant external benefits,
A) consumers will recognize this fact and purchase the socially optimal amount of the product.
B) government may choose to tax the consumption of the product to encourage its purchase.
C) it must be produced by government because private firms will not be able to produce it profitably.
D) government may choose to subsidize its purchase in order to make it more attractive to consumers.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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sgy_89 Author
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6 years ago
Helped a lot
KaylenePig
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Yesterday
Smart ... Thanks!
acaruso
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2 hours ago
This site is awesome
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