Multiple Choice
Consider some type of industrial pollution that generates air pollution.This industry,if left unregulated,produces
A) more than the efficient level because producers ignore the marginal external costs.
B) the efficient level of output.
C) less than the efficient level because producers ignore the marginal external costs.
D) less than the efficient level because producers ignore the marginal external benefits.
E) more than the efficient level because producers ignore the marginal external benefits.
Correct Answer:

Verified
Correct Answer:
Verified
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