What is the environment under which externalities exist? O Social cost is equal to private cost for a given good or serv
Posted: Thu May 19, 2022 10:19 am
What is the environment under which externalities exist? O Social cost is equal to private cost for a given good or service. O When private benefits are different from social benefits. o When third party benefits are higher than social benefits. O When a large amount of common goods are created.