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Title: If there are no externalities a competitive market achieves economic efficiency. If there is a negat Post by: Tidy on Jun 20, 2015 If there are no externalities a competitive market achieves economic efficiency. If there is a negative externality, economic efficiency will not be achieved because
A) too little of the good will be produced. B) too much of the good will be produced. C) a deadweight loss will occur that is equal to the area under the demand curve for the good. D) economic surplus is maximized. Title: Re: If there are no externalities a competitive market achieves economic efficiency. If there is a n Post by: VincenzoD on Aug 2, 2015 Content hidden
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