Q
A positive externality generates ?
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A
A. A social cost curve that is above the supply curve (private cost curve) for a good
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B
B. None of these answers
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C
C. A social value curve that is above the demand curve (private value curve) for good
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D
D. A social value curve that is below the demand curve (private value curve) for a good
Correct Answer:
C. C. A social value curve that is above the demand curve (private value curve) for good
