If the Socially Optimal Level of Output for an Industry

question 17

Multiple Choice

If the socially optimal level of output for an industry is identical to the equilibrium output,there are

• A) external internalities of substance.
• B) both external internalities and internal externalities.
• C) no external economies or diseconomies.
• D) both external economies and diseconomies.
• E) internal and external reciprocities.

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Definitions:

Weather Bar

A feature in some applications or websites that displays weather forecasts and conditions for specific locations.

Time Slots

Predefined or scheduled periods of time allocated for specific activities or events.

Day View

In calendar or scheduling applications, Day View displays the tasks or events scheduled for a single day.

Work Week

A work week refers to the structured period of time during which an organization conducts its business activities, typically encompassing Monday through Friday.