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Will private markets produce public goods? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a No, it is unlikely. b Yes, but somewhat too much for allocation efficiency. c Yes, and they will earn more profits than those earned by public production. d Yes, but it will be much more costly to produce.Compare the effects of a tax on pollution with the effect of a regulation restricting pollution for all firms. If both are designed to limit pollution to the allocationy efficient amount, the tax will result in costs of reducing pollution and quantities of pollution than the regulation would. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a higher; higher b lower; higher C higher; the same d equal; the same e lower; the sameA perfectly competitive market producing products with external benefits will produce of the products; one with external costs will produce of the products. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a too many; too few b too few; too many C too many; too many d too many; just the right amount e just the right amount; too manyA perfectly competitive market producing a service with external benefits will produce of the service; one with external costs will produce of the service. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a too much; too little b just the right amount; too much C too little; too much d too much; just the right amount e too much; too muchA common good is one in which charging prices to consumers is: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a difficult and many people can consume the same goods. b easy and many people can consume the same goods. C difficult and only one person can consume the good at a time. d easy and only one person can consume the good at a time