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When does a positive externality arise? A good or service generates a positive externality if ________. A. its marginal social benefit exceeds its marginal private
When does a positive externality arise? A good or service generates a positive externality if ________. A. its marginal social benefit exceeds its marginal private benefit B. its marginal external benefit exceeds its marginal private benefit C. its marginal private benefit is maximized D. it is produced in the social interest
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
