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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 17: Externalities and the Environment
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    Exhibit 17-2 in Exhibit 17-2, the Socially Efficient Price
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Exhibit 17-2 in Exhibit 17-2, the Socially Efficient Price

Question 203

Question 203

Multiple Choice

Exhibit 17-2 Exhibit 17-2   In Exhibit 17-2, the socially efficient price and level of output are A) $6 and 50 units, respectively B) $12 and 50 units, respectively C) $12 and 40 units, respectively D) $6 and 40 units, respectively E) not indicated In Exhibit 17-2, the socially efficient price and level of output are


A) $6 and 50 units, respectively
B) $12 and 50 units, respectively
C) $12 and 40 units, respectively
D) $6 and 40 units, respectively
E) not indicated

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