Question 7 0.90 0.85 0.80 0.75 0.70 0.65 0.60 0.55 0.50 0.45 0.40 50 100 150 200 250 300 Demand What kind of externality is in the market above? O a. negative consumption externality O b. positive production externality Oc. negative production externality O d. positive consumption externality 350 Supply MSB 400
Question 7 0.90 0.85 0.80 0.75 0.70 0.65 0.60 0.55 0.50 0.45 0.40 50 100 150 200 250 300 Demand What kind of externality is in the market above? O a. negative consumption externality O b. positive production externality Oc. negative production externality O d. positive consumption externality 350 Supply MSB 400
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.12P
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