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If the societal benefit was used to price a product, assuming a strong positive externality exists, and the private benefit yielded a price of $50,

If the societal benefit was used to price a product, assuming a strong positive externality exists, and the private benefit yielded a price of $50, to correct the market to represent societal benefit, the purchase of the product should be _____. Question 6 options: taxed extra left alone subsidized there is no such thing as a positive externality

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