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Retnec Retnec
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Posts: 1082
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7 years ago
When the firms in an industry fail to consider external costs,
A) the selling price of the product tends to be artificially high.
B) the market output is less than the allocatively efficient output.
C) the market output is equal to the allocatively efficient output.
D) the market output is more than the allocatively efficient output.
E) Both A and B are true.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Retnec Author
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7 years ago
Thank you, thank you, thank you!
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Yesterday
Correct Slight Smile TY
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2 hours ago
Brilliant
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