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Figure 15-1 Figure 15-1 Portrays Conditions in the Monopolized Weezil Industry. from Weezil

Question 103

Multiple Choice

Figure 15-1
Figure 15-1 Figure 15-1 portrays conditions in the monopolized weezil industry. From the diagram, the production of weezils A) must cause a detrimental externality. B) must cause a beneficial externality. C) must cause either a detrimental or a beneficial externality, more information is needed to determine which one. D) may or may not cause an externality.
Figure 15-1 portrays conditions in the monopolized weezil industry. From the diagram, the production of weezils

A) must cause a detrimental externality.
B) must cause a beneficial externality.
C) must cause either a detrimental or a beneficial externality, more information is needed to determine which one.
D) may or may not cause an externality.

Correct Answer: