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Consider the positive externality graph. If firms are able to ignore the benefit to society, which of the following statements is correct? a.) The market

Consider the positive externality graph. If firms are able to ignore the benefit to society, which of the following statements is correct? a.) The market price is set too high. b.) The market underproduces the good or service. c.) The market overproduces the good or service. d.) The market price will be P*

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