41. Refer to Table 12.2. The externality created by the production of refrigerators was $100. However, once

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41. Refer to Table 12.2. The externality created by the production of refrigerators was $100. However, once both the private and additional external costs were taken into consideration, the market price increased by only

$50. If the external costs were $100 why did the price only increase by $50 when all costs were taken into account?

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Principles Of Microeconomics 2e By OpenStax

ISBN: 9781947172340

2nd Edition

Authors: OpenStax

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Question Posted: Nov 06, 2024 04:00 AM

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41. Refer to Table 12.2. The externality created by the production of refrigerators was $100. However, once

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Principles Of Microeconomics 2e By OpenStax

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