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Consider the positive externality graph. If firms ignore the benefit to society, which of the following statements s cormect? Quantity (in units) Private a.) The
Consider the positive externality graph. If firms ignore the benefit to society, which of the following statements s cormect? Quantity (in units) Private a.) The market price will be P*. b.) The market price is set too low. e.) The market cverproduces the good or service. d.) The market quantity will be Q*
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