If external costs are included and added to a firm's private costs, then

Name: If external costs are included and added to a firm's private costs, then
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When external costs are included and added to a firm's private costs, the supply curve will shift to the left. This is because the firm will have to bear the additional costs, making production less profitable and less attractive for the firm, and thus reducing the quantity of supply offered at any given price. The demand curve will remain unchanged.

If External Costs Are Included and Added to a Firm's