Multiple Choice
A local flower grower grows products in a plot of land, which is exceptionally colorful and is admired by many passersby.There is no way to charge for this in the price of the flowers.We can safely conclude that
A) the florist produces too many flowers.
B) the florist produces too few flowers.
C) the florist produces the right amount of flowers.
D) society pays the socially optimal amount for the flowers.
Correct Answer:
Verified
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