Economics · Environmental Economics
Which of the following best explains why environmental quality is underprovided in a competitive market?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Because environmental goods have positive externalities and are non-rival✓
- 2Because private cost exceeds social cost
- 3Because social marginal benefit is less than private marginal benefit
- 4Because pollution permits are underpriced
Correct answer
Because environmental goods have positive externalities and are non-rival
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Environmental Economics MCQs →Want more practice questions on Environmental Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Environmental Economics