Suppose the production of a particular good causes a negative externality. based on market forces only, how will this impact the production levels for a factory if negative externalities are present? a. it will produce the good below the socially efficient level. b. it will produce the same level regardless of whether externalities are present. c. it will produce the good above the socially efficient level. d. negative externalities do not impact production levels.
hello chessy r,
the answer is c profit. business want to make as much money as possible.
hope this ..
is there a multiply choice answer?
the answer is: e. restrict businesses less than in the past
in the past, the government can intervene with any conflicts regarding property rights.
but, due to the development of internet, the amount of copyright infringement is massively increased and it is impossible for the government to intervene to all cases. because of this, the special protection granted for property rights only extended to those that heavily affect public interest.