When there is a positue evkrnaliy. the private benefit received by conswncrs is

Question

When there is a positue evkrnaliy. the private benefit received by conswncrs is greater than the extcrml benefit. the octal benefit received by consumers is greater that the private benefit C the private benefit received by consumers is greater ihm the privatc cost. the private benefit received by owMumers is greater than the social benefit When the federal government order firm to use particular methods to rntocc pollution, it is said to be using oommmd-and-controt policies strong-arm tactics. global initiatives. market-based policies. Stockholders select the board of directors of a corporation select the employ of a corporation setect the marugers of a corporation All of these

Explanation / Answer

8. D. Asymetric Information cause the adverse selection which cause moral hazard

9. D Relatively Elastic

10. B Social Benefit recieved by consumer is greater than private benefit

11. Demand And Control Policies

12. A selects the board of directors of a corporation

13 More than 6,00,000

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