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28 Oct 2020
11. An external benefit(positive externality) implies that private markets will provide ____ and an external cost(negative externality) implies that private markets will provide _____ of the good (relative to the social optimum).
a. too much; too much
b. too little; too little
c. too much; too little
d. too little; too much
11. An external benefit(positive externality) implies that private markets will provide ____ and an external cost(negative externality) implies that private markets will provide _____ of the good (relative to the social optimum).
a. too much; too much
b. too little; too little
c. too much; too little
d. too little; too much
Raushan RajLv8
28 Oct 2020