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N3 answer the below question and give a short explanation A5. In the case of positive consumption externalities: A. The social benefit is greater than
N3
answer the below question and give a short explanation
A5. In the case of positive consumption externalities:
A. The social benefit is greater than the individual benefit. B. The individual benefit is greater than the social one. C. The selling price of the product reflects the social benefit. D. The optimal allocation of resources is achieved where the private marginal benefit curve intersects the supply curve.
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