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.Management Sciences
A. private costs, private benefits
B. private costs, social costs or benefits
C. social costs, social benefit
D. insiders, outsiders
Related Mcqs:
- Assuming a downward sloping demand curve and upward sloping supply curve a higher equilibrium price may be caused by ?
- A. An fall in demand B. An increase in supply C. improvements in production technology D. An increase in demand...
- Comparing a monopoly and competitive firm, the monopolist will ?
- A. produce less at a lower price B. produce more at a lower price C. produce less at a higher price D. produce less at a lower price...
- Except for taxes to offset ______ taxes are ______?
- A. imperfect competition popular B. externalities , distortionary C. inequality , a first best option D. poor health, unnecessary...
- Economics say that there has to be some from of rationing whenever ?
- A. inflation occurs B. there are externalities C. merit goods are produced D. there is excess demand...
- Satellite television subscription and television detection devices are ways in which broadcasting companies address the ________ problem?
- A. externality B. market imperfection C. deadweight burden D. free rider...
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