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AP Microeconomics
Unit 6 โ Market Failure and the Role of Government
Topic 6.2
Unit 6 โ Market Failure and the Role of Government
โ
6.2 Externalities ๐ตโข๏ธ๐ฉ
โ
mixed difficulty
When negative externalities are present in a market, the equilibrium quantity will be?
Lower than the socially optimal quantity.
Unaffected by the presence of externalities.
Higher than the socially optimal quantity.
Equal to the socially optimal quantity.
Study guides (1)
AP Microeconomics - 6.2 Externalities
Key terms
Equilibrium Quantity
Negative Externalities
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