Suppose golden retrievers create positive externalities because they are cute and people like seeing them at the park. Which of the following is true? O A) The social demand curve is to the left of the private demand curve. B) The social supply curve is to the left of the private supply curve. C) The social supply curve is to the right of the private supply curve. D) The social demand curve is to the right of the private demand curve.
Suppose golden retrievers create positive externalities because they are cute and people like seeing them at the park. Which of the following is true? O A) The social demand curve is to the left of the private demand curve. B) The social supply curve is to the left of the private supply curve. C) The social supply curve is to the right of the private supply curve. D) The social demand curve is to the right of the private demand curve.
Chapter16: Public Goods And Public Choice
Section: Chapter Questions
Problem 1.1P: (Optimal Provision of Public Goods) Using at least two individual consumers, show how the market...
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Transcribed Image Text:Suppose golden retrievers create positive externalities because they are cute and
people like seeing them at the park. Which of the following is true?
A) The social demand curve is to the left of the private demand curve.
B) The social supply curve is to the left of the private supply curve.
C) The social supply curve is to the right of the private supply curve.
D) The social demand curve is to the right of the private demand curve.
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