Ask Question
Social StudiesSocial Studies
16 December, 17:39

How do externalities in the production of electricity result in market failure ? Because of externalities, the market for electricity will

A. result in a surplus of electricity.

B. generate too much economic surplus.

C. provide too much electricity.

D. provide insufficient electricity.

E. result in a price for electricity that is inefficiently high.

+2
Answers (1)
  1. 16 December, 17:50
    0
    C. provide too much electricity.

    Explanation:

    This is because the electricity market cannot accurately know how many electricity it's providing, resulting in them providing more electricity to the people or businesses than they should, thus causing a deficit and making the electricity market lose money.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How do externalities in the production of electricity result in market failure ? Because of externalities, the market for electricity will ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A senator's term of office is O O two years. four years. six years. O eight years.
Answers (1)
The ___ contains a series of sections designed to prepare students for the act?
Answers (1)
Many leading Native American scholars have argued in favor of affirmative action. However, some of these scholars may have personally benefited from affirmative action policies. Therefore, their arguments should be ignored.
Answers (1)
Based on surveys, which characteristic is common to the happiest college students?
Answers (1)
True or false. the typicality effect is among the most common empirical findings in cognitive psychology.
Answers (1)
New Questions in Social Studies
Describe the factors that may have led to the decline of the Maya. Answer:
Answers (1)
Moral development is development of :
Answers (2)
Which of these statements is true regarding black soldiers in the Union army? A. They could only serve as cooks. B. They made up about 30% of the army C. They were paid less than white soldiers. D. They were not allowed to be in the army.
Answers (2)
When two people have a relationship based on feelings of warmth, understanding, and emotional connection, this is known as question 1 options: a. passion-based intimacy. b. emotive intimacy. c. friendship-based intimacy. d. an empathic union?
Answers (1)
The time it takes for monetary or fiscal policy to become effective is the: A. outside lag B. inside lag C. policy lag D. none of the above
Answers (1)
Home » Social Studies » How do externalities in the production of electricity result in market failure ? Because of externalities, the market for electricity will A. result in a surplus of electricity. B. generate too much economic surplus. C. provide too much electricity.
Sign Up Forgot Password?