Positive Externalities

question 499

Multiple Choice

Positive externalities

• A)result in a larger than efficient equilibrium quantity.
• B)result in smaller than efficient equilibrium quantity.
• C)result in an efficient equilibrium quantity.
• D)can be internalized with a corrective tax.

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Definitions:

Region Of Rejection

Values of a statistic that result in the decision to reject the null hypothesis.

Alpha

The significance level set for a statistical hypothesis test, representing the probability of rejecting a true null hypothesis.

Critical Values

Threshold values that define boundaries for decision-making in hypothesis testing; values beyond these thresholds lead to rejection of the null hypothesis.

Null Hypothesis

The hypothesis that there is no significant difference or effect, used as a starting point in statistical testing.