Since a positive externality is a good thing, why is it considered a cause of market failure? P O a. Because there is no policy mechanism available to ensure that positive externalities are provided at an appropriate level. Because in a free market, not enough of the positive externality is provided. Because in a free market, the level of the positive externality is always zero. Because environmental regulators reduce the level of provision of a positive externality. O b. O c. O d.

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Since a positive externality is a good thing, why is it considered a cause of market failure?
P
a. Because there is no policy mechanism available to ensure that positive
externalities are provided at an appropriate level.
O b.
Because in a free market, not enough of the positive externality is provided.
O c. Because in a free market, the level of the positive externality is always zero.
O d. Because environmental regulators reduce the level of provision of a positive
externality.
Maximizing which of the following can contribute to sustainable development?
O a. none of the statements are true
O b. the productivity of produced assets
Oc. economic growth
O d. income inequality
B
Transcribed Image Text:Since a positive externality is a good thing, why is it considered a cause of market failure? P a. Because there is no policy mechanism available to ensure that positive externalities are provided at an appropriate level. O b. Because in a free market, not enough of the positive externality is provided. O c. Because in a free market, the level of the positive externality is always zero. O d. Because environmental regulators reduce the level of provision of a positive externality. Maximizing which of the following can contribute to sustainable development? O a. none of the statements are true O b. the productivity of produced assets Oc. economic growth O d. income inequality B
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