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-The Figure Above Illustrates the Problem of Overcrowding and External

Question 177

Multiple Choice

  -The figure above illustrates the problem of overcrowding and external costs experienced during the summer months in the state park. If the market is unregulated, in equilibrium the external cost of visiting the state park is given by the distance between A)  points H and G. B)  points I and F. C)  points F and G. D)  points G and K.
-The figure above illustrates the problem of overcrowding and external costs experienced during the summer months in the state park. If the market is unregulated, in equilibrium the external cost of visiting the state park is given by the distance between


A) points H and G.
B) points I and F.
C) points F and G.
D) points G and K.

Correct Answer:

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