QUESTION 26 To internalize a positive externality: Q the consumers of a good could receive a subsidy equal to the external benefit resulting from the production or consumption of the good. 0 a producer's costs could be increased by an amount equal to the external benefit resulting from the production of the good. 0 consumers of the good could pay a tax equal to the external benefit resulting from the production or consumption ofthe good. 0 None of the above are correct. A monopolistically competitive firm operates on the of their average total cost curve, where marginal cost is _ average total cost. O declining portion; above O rising portion; above O rising portion; below O declining portion; belowEconomies of scale: O are the result of a diminishing marginal product. 0 pertain to the long run only. O refer to the increase in output that results from the increased utilization of a single input. 0 imply that the average total cost curve will fall continuously as output increases in the short run