For a Production Process That Involves a Positive Externality,it Is

question 2

Multiple Choice

For a production process that involves a positive externality,it is true that

• A)a per unit tax could be imposed on the producer to achieve the socially optimal level of production.
• B)marginal social benefit is less than marginal private benefit.
• C)marginal social cost is more than marginal private cost.
• D)without government intervention the market will produce too much of this good.
• E)a subsidy to producers could increase production to the socially optimal level.

---

Definitions:

Cultural Roots

The fundamental aspects or elements of culture that define the identity and heritage of a community, including traditions, languages, beliefs, and behaviors.

Interpretive Skills

The ability to understand and translate information, texts, or data into meaningful insights or practical applications.

Harmoniously

In a manner that is congruent and compatible, showing agreement or concord in action, attitude, or design.

Productive Workplace

An environment that maximizes efficiency and efficacy, encouraging employees to achieve their professional goals.