When there is a positive externality associated with consumption or production: select one:
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When there is a positive externality associated with consumption or production: select one:
a. the market equilibrium quantity will result in over allocation of the good.
b. the market equilibrium quantity will result in under allocation of the good.
c. the market equilibrium quantity will result in efficient allocation of the good.
d. there will be a surplus in production.
Answers: 2
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Mathematics, 05.06.2021 01:00
Mathematics, 05.06.2021 01:00
Mathematics, 05.06.2021 01:00
Mathematics, 05.06.2021 01:00