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When production of a good results in an externalcost, the unregulated competitive market equilibrium quantity is A. greater than the efficient level of output. B.
When production of a good results in an externalcost, the unregulated competitive market equilibrium quantity is
A.
greater than the efficient level of output.
B.
unattainable.
C.
zero.
D.
the efficient level of output.
E.
not zero but is less than the efficient level of output.
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