Generally considered as positive externality of consumption

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Education is generally considered as a positive externality of consumption. If it is only available in a private market, the outcome will be that it will be A) underconsumed B)Overproduced C) efficiently produced

If there are negative consumption externalities present, the social marginal benefit will ______ the social marginal cost.

A) Greater Than B) Less Than C) fluctuate compared to

Reference no: EM131101587

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