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If a positive externality exists.

24 / 01 / 2019 Assignments

This paper circulates around the core theme of If a positive externality exists. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 59. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

If a positive externality exists

____ 1. If a positive externality exists, __________ for the socially optimal output to be reached.a. supply needs to decreaseb. demand needs to increasec. demand needs to decreased. a and ce. none of the above____ 2. A negative externality is internalized when __________ until the socially optimum level of production is obtained.a. supply shifts to the leftb. supply shifts to the rightc. demand shifts to the rightd. b and ce. none of the above3. Which of the following statements would a public choice theorist be least likely to agree with?a. The way to genuine reform in this country is to elect really good and moral people to government.b. The people who work for a large government bureaucracy are fundamentally similar to those who work for a private firm.c. A person’s behavior is independent of the institutional setting he or she finds himself in.d. The people who work for private firms are inherently no better or worse than those who work for a large government bureaucracy.

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