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Question 124

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Use the following to answer question:
Figure: Model of a Competitive Market Use the following to answer question: Figure: Model of a Competitive Market -(Figure: Model of a Competitive Market) Use Figure: Model of a Competitive Market.Given the figure,if there are no external benefits or costs,the output at Q will be: A) larger than is socially desirable. B) smaller than is socially desirable. C) efficient. D) inefficient.
-(Figure: Model of a Competitive Market) Use Figure: Model of a Competitive Market.Given the figure,if there are no external benefits or costs,the output at Q will be:


A) larger than is socially desirable.
B) smaller than is socially desirable.
C) efficient.
D) inefficient.

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