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Retnec Retnec
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7 years ago
If the consumption of a product creates external benefits
A) it should be taxed, since it will be very popular with those who purchase it.
B) it will tend to be overproduced by a market economy.
C) it should be subsidized in order to encourage its purchase.
D) it must be a public good.
E) it must be provided free by the government, since it cannot be profitably produced by private firms.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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Retnec Author
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#2
7 years ago
Smiling Face with Halo Nice!!
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