If the production of a good yields a negative exter- nality, then the social-cost curve lies the supply curve, and the socially optimal quantity is than the equilibrium quantity. a. above, greater b. above, less c. below, greater d. below, less

Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor