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djsmyers djsmyers
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Posts: 764
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6 years ago
In general, an externality is created when
A) people are affected (other than by price) by a transaction which they were not part of.
B) firms produce a product of low quality and consumers don't like it.
C) firms have to pay for pollution the environment.
D) the government subsidizes education.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 43 times
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6 years ago
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