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KaptainZ KaptainZ
wrote...
Posts: 349
5 years ago
When a firm produces a product that creates external costs
A) the firm produces a level of output larger than would be produced without the external cost.
B) the firm produces a level of output smaller than would be produced without the external cost.
C) the firm produces a level of output which would be the same as it would produce without the external cost.
D) the market provides the efficient level of output even with the existence of the external cost.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 26 times
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Answer verified by a subject expert
mcraver1mcraver1
wrote...
Posts: 142
5 years ago
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KaptainZ Author
wrote...
5 years ago
Smart ... Thanks!
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