Ceteris paribus, goods with "positive externalities" tend to be developed economies these goods are often by the free-market private sector; thus, in modern by the government. Select one: O a. over-supplied; taxed O b. under-supplied; taxed C. over-supplied; supplied or otherwise subsidized d. under-supplied; supplied or otherwise subsidized
Ceteris paribus, goods with "positive externalities" tend to be developed economies these goods are often by the free-market private sector; thus, in modern by the government. Select one: O a. over-supplied; taxed O b. under-supplied; taxed C. over-supplied; supplied or otherwise subsidized d. under-supplied; supplied or otherwise subsidized
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Transcribed Image Text:Ceteris paribus, goods with "positive externalities" tend to be
by the free-market private sector; thus, in modern
developed economies these goods are often,
by the government.
Select one:
O a. over-supplied; taxed
O b. under-supplied; taxed
Oc. over-supplied; supplied or otherwise subsidized
d. under-supplied; supplied or otherwise subsidized
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A positive externality occurs when there is a benefit to a third party that is not involved in either production or consumption of the goods and services like education.
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