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MC Qu. 06 A negative externality or additional... A negative externality or additional social cost occurs when Multiple Choice firms fail to achieve productive efficiency.

MC Qu. 06 A negative externality or additional...

A negative externality or additional social cost occurs when

Multiple Choice

  • firms fail to achieve productive efficiency.
  • firms fail to achieve allocative efficiency.
  • the total cost of producing a good exceeds the costs borne by the producer.
  • the price of the good exceeds the marginal cost of producing it.

Choose the correct one

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