Assuming that not mowing your lawn yields a negative externality for neighbors, the causes the market quantity

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Assuming that not mowing your lawn yields a negative externality for neighbors, the causes the market quantity to be than the socially optimal quantity.

external benefit, greater
external benefit, less
external cost, greater
external cost, less

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Posted Date: Aug 09, 2022 05:11 AM

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Assuming that not mowing your lawn yields a negative externality for neighbors, the causes the market quantity

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A external benefit greater When an activity creates external benefits its social benefit will be gre... View the full answer

Economics

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