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Phydeaux Phydeaux
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6 years ago
If a smart social choice has no positive externality and no negative externality,
A) marginal private benefit is less than marginal private cost.
B) marginal private benefit equals marginal private cost.
C) marginal private benefit is less than marginal social cost.
D) marginal private benefit is greater than marginal private cost.
E) marginal private benefit is greater than marginal social cost.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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6 years ago
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