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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 Total Social Gain
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Exhibit 17-2 in Exhibit 17-2, the Total Social Gain

Question 195

Question 195

Multiple Choice

Exhibit 17-2 Exhibit 17-2   In Exhibit 17-2, the total social gain from producing the socially efficient output rather than the private equilibrium output is shown by area A) abdf B) bed C) bcd D) acdf E) bcde In Exhibit 17-2, the total social gain from producing the socially efficient output rather than the private equilibrium output is shown by area


A) abdf
B) bed
C) bcd
D) acdf
E) bcde

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