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agoldberg2011 agoldberg2011
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6 months ago

Suppose the production of a good results in negative externalities. If society produces the output consistent with the intersection of the demand curve and the marginal private cost curve, then



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the socially optimal level of output will be produced.



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society will incur a net social cost.



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society will want more output produced, and producers will be willing to satisfy this desire at a price that society deems acceptable.



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all of the above



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There is not enough information to answer this question.

Textbook 
Economics

Economics


Edition: 12th
Author:
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Ranim_SaleemRanim_Saleem
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6 months ago
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agoldberg2011 Author
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6 months ago
Good timing, thanks!
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