Question: If a private good generates external benefits Select one: a. the social benefit will be greater than the private benefit. b. the social benefit will

If a private good generates external benefits

Select one:

a. the social benefit will be greater than the private benefit.

b. the social benefit will equal the private benefit.

c. the social benefit will equal the private benefit minus the external benefit.

d. the external benefit will equal the private benefit plus the social benefit.

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