Question: What will happen when negative externalities are present in a market? Select one: a. Social costs will be greater than private costs. O b. Government

What will happen when negative externalities are present in a market?

What will happen when negative externalities are present in a market? Select one: a. Social costs will be greater than private costs. O b. Government will regulate the externalities in the market. O c. The market will not be able to reach an equilibrium situation. d. Private costs will be greater than social costs

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

What will happen when negative externalities are present in a market? Select one: O a. Social costs will be greater than private costs. b. Government will regulate the externalities in the market. O...

When Negative Externalities are present in a market A. Private Costs will be greater then Social cost B. Social cost will be greater than private costs C. Only government regulations will solve the...

1.when renting a car, the rental company will sell you a waiver that releases you from any monetary liability for damage to the car from collisions. compared to other types of car insurance, these...

Review these two excerpts that explain two very different approaches for dealing with negative externalities. : Excerpt 1: Command and control is pretty much what it sounds like. The government says,...

Why do private markets fail to reach a socially optimal level when negative externalities are present? Select one: Private benefit exceeds social benefit at the private market solution Social benefit...

Volcker Rule - KEL703-PDF-ENG 1. In this case, at what stage in its life cycle is the nonmarket issue of the Volcker rule (regulation of proprietary trading)? 2. Map out the interests and their...

Please answer all!! 1 5 . When a negative externality is present in a market, total surplus will be if sellers only consider [ a ] higher; private benefits [ b ] lower; private costs [ c ] lower;...

Please need fast answer help me provide all correct 10 multiple choices answers since I know i have to post at least 5 sorry since I can't afford this time please god bless you 1 Consumption of a...

Question 1 The Marginal Revenue curve of a monopoly firm lies below the demand curve because: in order to increase output the firm must lower its price, which means it receives less for the units...

Financial Crisis, Bailouts, and the Need for Financial Regulation In 2007 worldwide credit markets tightened and international trade declined, resulting in economic slowdowns around the world, stock...

Consider the relationship between customers who buy high-definition televisions and exercise machines as shown in Tables 6.19 and 6.20. (a) Compute the odds ratios for both tables. (b) Compute the...

The Wall Street Journal reports the asked price for the bond on January 27 at 100:5. What is the invoice price of the bond? The coupon period has 182 days. A government bond with a coupon rate of 5%...

Question 1 4 ( 3 points ) Which of the following is correct with regard to using Net Present Value ( NPV ) in capital budgeting? A project with a higher NPV should be completed instead of project...

Discuss the rewards and performance appraisal components of a performance management model of an organisation of your choice. Further, state why newer, high involvement approaches of performance...

6. What is meant by: accessibility carries greater weight than relevance?

1. To learn how to develop a vision that can be communicated. To gain insight into the importance of game theory for communication strategies.

9. Take a view or attitude that you hold strongly. Search for information that is opposed to this view or attitude. Discuss.