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Consider a setting in which there is a negative externality, but no positive externality.The market ...

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Consider a setting in which there is a negative externality, but no positive externality.The market ...

Consider a setting in which there is a negative externality, but no positive externality. The market outcome is __________________; government can bring about the ___________________ outcome if it sets a tax equal to the __________________.

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efficient; inefficient; MSC

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efficient; inefficient; MEC

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inefficient; efficient; MEC

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inefficient; efficient; MPC

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inefficient; efficient; MSB

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Economics

Edition: 12^th

Author: Arnold

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