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If the Marginal Private Cost of Running a Car Is

Question 40

Multiple Choice

If the marginal private cost of running a car is $0.30 a mile and the marginal external cost is $0.10,what is the marginal social cost?


A) $0.20
B) $3.00
C) $0.03
D) $0.40
E) None of the above answers is correct.

Correct Answer:

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