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Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 9
If you became convinced that marijuana was neither addictive nor contributed to externalities, then banning it creates
A) a social benefit without social cost.
B) what economists call deadweight loss.
C) what economists call a vacuum.
D) a social benefit with an exact countering social cost.
A) a social benefit without social cost.
B) what economists call deadweight loss.
C) what economists call a vacuum.
D) a social benefit with an exact countering social cost.
Explanation
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When it is imagined that product like ma...
Issues in Economics Today 7th Edition by Robert Guell
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