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    Microeconomics Study Set 26
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    Exam 17: Externalities and the Environment
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    If an External Cost Exists, Who Bears It in an Unregulated
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If an External Cost Exists, Who Bears It in an Unregulated

Question 39

Question 39

Multiple Choice

If an external cost exists, who bears it in an unregulated, competitive market transaction?


A) nobody
B) the federal government
C) someone other than the producers
D) the buyers of the product

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