Answer:
b. the marginal social benefit to exceed the marginal private cost of the last unit produced.
Explanation:
<u>Positive Externality-</u>
Positive Externality occurs when production or the consumption or of the good causes benefit to the third party.
For example, when the individual consume education in order to be uplifted and get a benefit but this education also benefits the society by uplifting the whole society.
<u>Positive externality causes the marginal social benefit to be greater than the marginal private benefit.</u>
Anna<span> O. was the pseudonym of a patient of Josef Breuer, who published her </span>case<span>study in his book Studies on Hysteria,</span>
The correct answer is 3
Stuart is walking past his bedroom door and accidentally slams his elbow into the door frame. The pain is sharp, immediate, and intense. The next morning his pain is a dull ache that bothers him throughout the day. The initial pain Stuart felt was caused by <u>fast</u> fibers, whereas the pain he felt the next morning was caused by <u>slow</u> fibers.