When negative externalities are present in a market Group of answer choices private costs will be greater than social costs. social costs will be greater than private costs. only government regulation will solve the problem. the market will not be able to reach any equilibrium.
When negative externalities are present in a market Group of answer choices private costs will be greater than social costs. social costs will be greater than private costs. only government regulation will solve the problem. the market will not be able to reach any equilibrium.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter14: Environmental Economics
Section: Chapter Questions
Problem 2SQ
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Question 2
When negative externalities are present in a market
Group of answer choices
private costs will be greater than social costs.
social costs will be greater than private costs.
only government regulation will solve the problem.
the market will not be able to reach any equilibrium.
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