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28 Oct 2020
13. In a market where the external costs of production(a negative externality) are represented in the supply curve then:
a. market price would tend to be higher and the quantity traded lower.
b. market price would tend to be lower and the quantity traded higher.
c. market price would tend to be lower and the quantity traded lower.
d. market price would tend to be higher and the quantity traded higher.
13. In a market where the external costs of production(a negative externality) are represented in the supply curve then:
a. market price would tend to be higher and the quantity traded lower.
b. market price would tend to be lower and the quantity traded higher.
c. market price would tend to be lower and the quantity traded lower.
d. market price would tend to be higher and the quantity traded higher.
Raushan RajLv8
28 Oct 2020
