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Costs to Society Will Equal Costs to the Individual When

Question 91

Multiple Choice
Costs to society will equal costs to the individual when

Costs to society will equal costs to the individual when


A) there are harmful externalities in a market.
B) there is a misallocation of resources in a market.
C) some of the costs of producing a product are borne by third parties.
D) there are no externalities.
E) the firm faces an upward-sloping marginal-cost curve.

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