If a person's property is generating a negative externality the person will not make socially efficient choices about how to use their property, but if their property is generating a positive externality they will make socially efficient choices. Select one: O a. False O b. True

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
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If a person's property is generating a negative externality the person will not make socially efficient
choices about how to use their property, but if their property is generating a positive externality they
will make socially efficient choices.
Select one:
O a. False
O b. True
Transcribed Image Text:If a person's property is generating a negative externality the person will not make socially efficient choices about how to use their property, but if their property is generating a positive externality they will make socially efficient choices. Select one: O a. False O b. True
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