Answered

Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

When negative externalities exist in a market, multiple choice 1 equilibrium output will be greater than the efficient price. equilibrium output will be greater than the efficient output. equilibrium price will be less than the efficient output. equilibrium output will be less than the efficient output.

Sagot :

bharathparasad577

(b)

Equilibrium output will be greater than the efficient output

  • Equilibrium output is the point where national income is equal to planned aggregate expenditure.
  • Equilibrium output occurs where AD (Aggregate Demand)= AS (Aggregate supply)
  • Equilibrium - It is that type of state where market demand and market supply are balanced.
  • Disequilibrium- It is the opposite of equilibrium or when is not in the state of equilibrium position it is automatically considered as disequilibrium.
  • Different types of equilibrium are as follows-
  1. Economic equilibrium
  2. Competitive equilibrium
  3. General equilibrium
  4. Underemployment equilibrium
  5. Lindahl equilibrium
  6. Intertemporal equilibrium
  7. Nash equilibrium

Learn more about this here-

https://brainly.com/question/14297698

#SPJ4

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.