
-Refer to the above figure. is the supply curve that includes only private costs.
Is the supply curve that includes social costs.The free market rate of output is ________ and the corrected,socially optimal amount of output is ________.
A) ;
B) ;
C) ;
D) ;
Correct Answer:
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Q85: An externality occurs whenever
A) private costs are
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Q89: A good that has external benefits associated
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Q93: There is an externality present only when
A)
Q93: A situation in which a private cost
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