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Once a negative externality is internalized by the firm by installing a pollution reducing input, we can expect that ( choose one of the following)
Once a negative externality is internalized by the firm by installing a pollution reducing input, we can expect that ( choose one of the following)
A. the output will rise and prices will come down
B. the output and price will both rise
C. the output will fall and price will rise.
D. both the output and price will fall.
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