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an externality occurs when: A. the costs of producing a good are paid entirely by the producer B. some of the costs of producing a
an externality occurs when:
A. the costs of producing a good are paid entirely by the producer B. some of the costs of producing a good are paid by someone other than the producer. C. the marginal social cost of an activity increases as that activity is increased. D. both answers A and C are correct
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