True or false. Economists believe that social regulation is an exception to the MB = MC rule

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True or false. Economists believe that social regulation is an exception to the MB = MC rule because social regulation should in every case extend as far as possible in order to ensure safe products, less pollution, and improved working conditions.

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 03:41 AM

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True or false. Economists believe that social regulation is an exception to the MB = MC rule

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False This statement is false because what economists actually believe is that the optimal amount of ...View the full answer

Microeconomics Principles, Problems and Policies

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