When the social planner minimizes deadweight loss, which of the following is tru

Question

When the social planner minimizes deadweight loss, which of the following is true? Marginal private benefit equals marginal social cost. Marginal social benefit equals marginal social cost. Marginal social benefit equals marginal private cost. Marginal private benefit equals marginal private cost. Both a and d Which of the following describes the case where a company makes a research discovery that benefits society and the firm is not fully compensated for it? Negative production externality and negative consumption externality Negative production externality Positive production externality Positive consumption externality Negative consumption externality Suppose your roommate wears far too much cologne or perfume, making you nauseous. The Coarse Theorem suggests that one solution would involve the government establishing that your roommate owns the air in your apartment. the government establishing that you own the air in your apartment. the government establishing that it owns the air in your apartment. the government prohibiting wearing of fragrances indoors either a or b. Which of the following suggests that when an investment has a personal cost but a common benefit, individuals will under invest?

Explanation / Answer

13. c marginal social benefit equals marginal private cost.

14. positive consumption externality

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