If the production of a good yields a negative externality, then the social cost curve lies the

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If the production of a good yields a negative externality, then the social cost curve lies the supply curve, and the socially optimal quantity is than the equilibrium quantity.

a above, greater b above, less c below, greater d below, less

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Principles Of Microeconomics [Australia And New Zealand Edition]

ISBN: 9781337408066

6th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N. Gregory Mankiw

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