When negative externalities exist, an unregulated market will produce of the good and the price will be when compared to the efficient level of production.

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07-04-2022
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When negative externalities exist, an unregulated market will produce of the good and the price will be when compared to the efficient level of production.

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ogorwyne ogorwyne · Answer 1 · 2022-04-19T12:16:20+02:00

When negative externalities exist, an unregulated market will produce too much of the good and the price will be low when compared to the efficient level of production.

What is a negative externality?

This is type of externality that occurs when the production or the consumption of a good brings about extra costs for another party.

When this is the case, then it may result in one party having benefits and the other party suffering for the benefits.

Read more on externalities here: https://brainly.com/question/4326646

When negative externalities exist, an unregulated market will produce ______ of the good and the price will be ______ when compared to the efficient level of production.

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What is a negative externality?

Otras preguntas

When negative externalities exist, an unregulated market will produce of the good and the price will be when compared to the efficient level of production.