Question:

Economics - Production?

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The clearing of forests is a ____________ externality. The marginal _____________ of forest clearing is less than the marginal ____________.

negative production; private cost; social cost

positive production; private benefit; external benefit

negative consumption; private cost; social cost

positive consumption; external benefit; social benefit

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1 ANSWERS


  1. Correct sequence is:

    negative consumption; private cost; social cost

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