Business, 14.01.2020 22:31 armon15

When consumption of a good generates a positive externality, which of the following must be true at the market equilibrium?
a. marginal social benefit is less than marginal private cost. b. marginal social benefit is greater than marginal private benefit. c. marginal social cost is greater than marginal social benefit. d. marginal social cost is less than marginal private benefit.

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When consumption of a good generates a positive externality, which of the following must be true at...

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