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The market will produce level of education when we its external benefits.

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The market will produce ________ level of education when we ________ its external benefits.

Question 1.

Taxes on a producing firm's ________ are meant to force decision makers to consider the full costs of their actions.

▸ positive externalities

▸ marginal production

▸ spillovers

▸ total production

Question 2.

The market will produce ________ level of education when we ________ its external benefits.

▸ an efficient; do not consider

▸ more than an efficient; do not consider

▸ less than an efficient; do not consider

▸ more than an efficient; do consider

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 75 times

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More solutions for this book are available here

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