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Question 28 (1 point) Consider a market in which there are external cost but no external benefits, Which of the following statements is TRUE? Market

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Question 28 (1 point) Consider a market in which there are external cost but no external benefits, Which of the following statements is TRUE? Market surplus is less than social surplus. Market surplus is greater than social surplus. There is insufficient information to determine the size of market surplus relative to social surplus. Market surplus is equal to social surplus

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