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sgy_89 sgy_89
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6 years ago
Suppose that chicken-processing plants create external costs. Then, in the absence of government intervention, it is likely that
A) too few chickens will be processed, from a social point of view, and the price of a processed chicken will be artificially low.
B) too many chickens will be processed, from a social point of view, and the price of a processed chicken will be artificially high.
C) too few chickens will be processed, from a social point of view, and the price of a processed chicken will be artificially high.
D) too many chickens will be processed, from a social point of view, and the price of a processed chicken will be artificially low.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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