Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What results from the existence of a positive externality? O A. A change in the production decisions made by rms 0 B. An increase in

image text in transcribed
image text in transcribed
What results from the existence of a positive externality? O A. A change in the production decisions made by rms 0 B. An increase in the prot-maximizing level of output 0 C. Production that is lower than the socially optimal level 0 D. The government providing a public good

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Economics

Authors: N. Gregory Mankiw

8th edition

1305585127, 978-1305971493, 978-1337516860, 1337516864, 978-0357539200, 978-1305585126

More Books

Students also viewed these Economics questions

Question

What is a social role? (p. 30)

Answered: 1 week ago

Question

to manufacture. Thie Fales

Answered: 1 week ago

Question

2. L'conomie du pays Z possde la fonction de production suivante :

Answered: 1 week ago

Question

2. Ask questions, listen rather than attempt to persuade.

Answered: 1 week ago