Positive externalities is Multiple Choice O O O O An example of supply-side market failure and creates Overproduction An example of demand-side market failure and creates underproduction An example of supply-side market failure and creates underproduction An example of demand-side market failure and creates Overproduction

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A: In the short run, if a tax cut is carried out simultaneously with the invention of essential new…

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A: Deadweight loss is the decrease in total surplus resulting when efficient quantity is not produced.

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Q: Assuming a negative externality is present, what happens to the value of the "optimal toll", which…

A: A negative externality refers to a cost incurred by a third party, i.e., a party that is not the…