Question

When a person does not have to pay the full costs for using a scarce resource, then

A) the use of the resource is not affected since society pays for the resource.

B) more of the resource will be used.

C) the internal costs of using the resource are too high.

D) the social costs of the resource are less than they would be if the ʺcorrectʺ amount of the resource were being used.

Answer

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