If positive externalities exist in a market, thenOSocial cost is greater than private costOSocial cost is equal to private costOSocial cost is lower than private cost

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If positive externalities exist in a market, then OSocial cost is than private cost OSocial cost is equal to private cost greater OSocial cost is lower than private cost

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter14: Environmental Economics

Section: Chapter Questions

Problem 2SQ

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If positive externalities exist in a market, then
OSocial cost is greater than private cost
OSocial cost is equal to private cost
OSocial cost is lower than private cost

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