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.

Positive Externalities

Benefits that are enjoyed by a third-party or society at large as a result of an economic activity, without them directly paying for it.

Social Benefits

The advantages or positive effects that an action or policy has on society as a whole, including things like improved health, education, and welfare.

Private Benefits

The gains or advantages that accrue directly to an individual or firm from an economic transaction or activity, not affecting others not involved in the transaction.