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blankship blankship
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A year ago

Consider a setting in which there is a negative externality, but no positive externality.  It follows that



▸

the market outcome is inefficient.



▸

the market outcome is efficient.



▸

MSC > MPC



▸

MPC > MSC



▸

a and c

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Economics

Economics


Edition: 12th
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eggr0lleggr0ll
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A year ago
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You make an excellent tutor!
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