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More cards in this set
Card 6
Front
What would the firm take into account in a free market situation?
Back
Card 7
Front
What are the marginal costs and marginal benefits associated with positive externalities in production?
Back
Card 8
Front
Where does the social optimum quantity occur with positive externalities in production?
Back
Card 9
Front
What is the level of production with positive externalities in production?
Back
Card 10
Front
When do positive externalities in consumption occur?
Back
Card 11
Front
What would the consumer take into account in a free market situation?
Back
Card 12
Front
What are the marginal costs and marginal benefits associated with positive externalities in consumption?
Back
Card 13
Front
Where does the social optimum quantity occur with positive externalities in consumption?
Back
Card 14
Front
What is the level of consumption with positive externalities in consumption?
Back
Card 15
Front
When do negative externalities in production occur?
Back
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