Answered: h creates no externalities is…

h creates no externalities is _____________________ by a free competitive market. A. Underprovided B. Overprovided C. Optimally provided

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A private good which creates no externalities is _____________________ by a free competitive market.

A.

Underprovided

B.

Overprovided

C.

Optimally provided

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