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The Social Costs of a Good Are Equal to the

Question 94

Multiple Choice
The social costs of a good are equal to the

The social costs of a good are equal to the


A) external costs minus the private costs of the good.
B) private costs minus the external costs of the good.
C) sum of the private and external costs of the good.
D) private costs of the good when there are negative externalities.
E) external costs of the good when there are negative externalities.

Correct Answer:

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