If the social value of producing robots is greater than the private value of producing robots, the private market produces too few robots.
举一反三
- When positive externalities are present in a market A: private benefits will be greater than social benefits. B: social benefits will be greater than private benefits. C: only government regulation will solve the problem. D: the market will not be able to generate an equilibrium.
- Which of the following statements is NOT true of robots A: It's difficult to prevent robots from contacting people. B: The behavior of robots will be more unforeseeable. C: Robots in the future will be more intelligent than those today. D: Programming robots through a cramped room is the most difficult task
- In 2002 the number of industrial robots was three times over that of domestic and service robots.
- Which of the following is the main idea of this article? A: Robots B: Uses of Robots C: Development of Robots D: Advantages of Robots
- The market for industrial robots will be worth $5.73 billion this year.