Friday, June 24, 2011

Social, Relationships, Lastest, NEWS, from, good, Production, Benefits, Costs, producing, exceed


Question by Annie:

When social benefits from the production of a good exceed the social costs of producing it?





When social benefits from the production of a good exceed the social costs of producing it, society can gain by taxing the the producer. Is this True or False?




Best answer:

Answer by Anjaree
False. It should be taxed when the private benefit is bigger than social benefit.





What do you think? Answer below!

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