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pirex pirex
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6 years ago
In a competitive market, a negative externality creates a deadweight loss because
A) the cost of the externality is double counted.
B) a harm is generated.
C) price equals social marginal cost.
D) price equals private marginal cost.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
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6 years ago
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