benchmarks.wiki / Public workspace

MMLU-Pro / 7056 / When the production or consumption of a good creates a positive externality, it…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

When the production or consumption of a good creates a positive externality, it is deemed a market failure because at the market quantity

category

economics

options

  1. society produces too little of the good.
  2. the social benefits from consuming the good exceed the private benefits.
  3. the marginal social benefit exceeds the marginal social cost.
  4. the marginal private benefit exceeds the marginal social cost.
  5. the marginal social cost exceeds the marginal social benefit.
  6. the private costs from consuming the good exceed the social costs.
  7. the private benefits from producing the good exceed the social benefits.
  8. the private benefits from consuming the good exceed the social benefits.
  9. the marginal private cost exceeds the marginal social benefit.
  10. society produces too much of the good.

src

ori_mmlu-high_school_microeconomics

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import