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Home Q & A Board Other Fields Homework Help Business Economics
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Retnec Retnec
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7 years ago
If the production of a product generates external costs, business tend to
A) produce too much of that product from a social point of view because they consider only private costs.
B) produce too much of that product from a social point of view because they consider only social costs.
C) produce too little of that product from a social point of view because they consider only private costs.
D) produce too little of that product from a social point of view because they consider only social costs.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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7 years ago
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Retnec Author
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#2
7 years ago
My exam's next week!

Perfect timing
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