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Question 7 (Multiple Choice Worth 1 points) (06.01 MC) In long-run equilibrium, the marginal social cost exceeds the marginal private cost, but the marginal social

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Question 7 (Multiple Choice Worth 1 points) (06.01 MC) In long-run equilibrium, the marginal social cost exceeds the marginal private cost, but the marginal social benefit is equal to the marginal private benefit. This describes which of the following markets? O Oligopoly with no externalities O Monopoly with perfect information Perfect competition with a positive externality O Perfect competition with a negative externality Perfect competition with asymmetric information

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