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Suppose external benefits are present in a market which results in the actual market price of $14 and market output of 150 units. How does this outcome compare to the efficient<…

Suppose external benefits are present in a market which results in the actual market price of $14 and market output of 150 units. How does this outcome compare to the efficient<…
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Suppose external benefits are present in a market which results in the actual market price of $14 and market output of 150 units. How does this outcome compare to the efficient

User Diego Rodrigues
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1 Answer

3 votes

Answer:

The efficient outcome would be greater than 150 units.

User Coo
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