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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
If a pollution tax in a market with an external cost changes the market so that it produces the efficient level of output, which of the following occurs?
i.   The supply curve shifts leftward.
ii.   The price increases.
iii.   The quantity produced decreases.
A) i only
B) ii only
C) iii only
D) i and ii
E) i, ii, and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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8 years ago
It was nothing, thanks for updating us.
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