Consider two goods - one that generates external benefits and another that generates external costs. the actual market outcome woulda. result in a price that is lower than the efficient price for both goods. b.result in a price that is higher than the efficient price for both goods. c.result in a price that is lower than the efficient price for the good with an external benefit and a price that is higher than the efficient price for the good with an external cost. d.result in a price that is higher than the efficient price for the good with an external benefit and a price that is lower than the efficient price for the good with an external cost
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Consider two goods - one that generates external benefits and another that generates external costs....
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