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Mandolina Mandolina
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6 years ago
If a private firm were to sell a "public good,"
A) its owners would be fined or imprisoned for violating the law.
B) it would probably lose money and go out of business.
C) more of the product would be produced than is socially optimal.
D) its sale would have to be carefully regulated to protect consumers from unreasonable prices.
E) there would probably be concerns about environmental safety around the production facility.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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Mandolina Author
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6 years ago
This business course was seriously killing me
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