4. A negative externality (that has not been internalized) causes the a. optimal quantity to exceed the
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4. A negative externality (that has not been internalized) causes the
a. optimal quantity to exceed the equilibrium quantity.
b. equilibrium quantity to exceed the optimal quantity.
c. equilibrium quantity to equal the optimal quantity.
d. equilibrium quantity to be either above or below the optimal quantity.
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Related Book For
Study Guide For N. Gregory Mankiw's Principles Of Microeconomics
ISBN: 9783030019983
5th Edition
Authors: David R. Hakes
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