Question: Question 4 When a __________ production externalitv exists, the market equilibrium is ________ the sociallv optimal level. (:3: positive; equal to (:3: positive; greater than

 Question 4 When a __________ production externalitv exists, the market equilibrium

is ________ the sociallv optimal level. (:3: positive; equal to (:3: positive;

Question 4 When a __________ production externalitv exists, the market equilibrium is ________ the sociallv optimal level. (:3: positive; equal to (:3: positive; greater than (:3: negative; less than (i) negative; greater than (:3: negative; equal to

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