7. If producers do not consider the negative externalities associated with carbon emissions, then the market price of their goods will be_ optimal price and the quantity of their goods will be quantity. than the than the optimal a. higher, lower. b. lower, higher. c. lower, lower. d. higher, higher. None of the above answers is correct. е.

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
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7. If producers do not consider the
negative externalities associated with
carbon emissions, then the market price of
their goods will be
optimal price and the quantity of their
goods will be.
quantity.
than the
than the optimal
a. higher, lower.
b. lower, higher.
c. lower, lower.
d. higher, higher.
None of the above answers is correct.
е.
Transcribed Image Text:7. If producers do not consider the negative externalities associated with carbon emissions, then the market price of their goods will be optimal price and the quantity of their goods will be. quantity. than the than the optimal a. higher, lower. b. lower, higher. c. lower, lower. d. higher, higher. None of the above answers is correct. е.
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