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18 Aug 2020
If negative externalities are present in a market, ________.
A) the price charged in the market is higher than the socially optimal price
B) the quantity supplied in the market is larger than the socially optimal level
C) the marginal social cost of production is lower than the marginal private cost
D) the average cost of production exceeds the marginal cost of production at all output levels
If negative externalities are present in a market, ________.
A) the price charged in the market is higher than the socially optimal price
B) the quantity supplied in the market is larger than the socially optimal level
C) the marginal social cost of production is lower than the marginal private cost
D) the average cost of production exceeds the marginal cost of production at all output levels
akunuru639Lv10
28 May 2023
Kristelle BalandoLv10
17 Sep 2020
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