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wrote...
Posts: 201
A month ago



In the market in Figure 15.1:

▸ the quantity provided by the market is greater than efficient.

▸ social benefits are greater than private benefits.

▸ when left alone, the market produces the socially optimum quantity.

▸ all of the above
Textbook 

Survey of Economics: Principles, Applications and Tools

Edition: 6th
Authors:
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wrote...
Posts: 246
A month ago
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social benefits are greater than private benefits.
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