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    Microeconomics Canada
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    Exam 5: Efficiency and Equity
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    An External Cost
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An External Cost

Question 68

Question 68

Multiple Choice

An external cost


A) is a marginal benefit.
B) results in underproduction.
C) is a payment from the government to a producer.
D) is a cost that affects someone other than the seller.
E) is a payment from a producer to the government.

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