Assume that a coal power plant considers only the private costs of its air polluting. It will Part 2 A. use resources very carefully and in small quantities. B. produce too much electricity, and use up more economic resources than if it had to cover all the costs. C. minimize its production of electricity. D. be making a positive contribution to the greater community.Externalities can be corrected, and the market outcome will be the same as the socially best outcome if Part 2 A. individuals are faced with the private and external costs of their actions when making decisions. B. regulations in the economy make decision makers assume all the benefits of their actions. C. signals in the economy help decision makers identify all the costs of their actions. D. the externality is identified so that decision makers are forced to face the private and social costs of their actions