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    Exam 17: Externalities
  5. Question
    The Problem of the Commons Arises Because ________ Exceeds ________
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The Problem of the Commons Arises Because ________ Exceeds ________

Question 435

Question 435

Multiple Choice

The problem of the commons arises because ________ exceeds ________ when the resource is used.


A) marginal social cost; marginal private cost
B) marginal private benefit; marginal social benefit
C) marginal private benefit; marginal private cost
D) marginal private cost; marginal social cost

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