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    Exam 17: Externalities
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    When People Decorate the Exteriors of Their Homes with Colored
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When People Decorate the Exteriors of Their Homes with Colored

Question 377

Question 377

Multiple Choice

When people decorate the exteriors of their homes with colored lights, they create ________ for the motorists who pass by.


A) an external benefit
B) a competitive good
C) a public good
D) an excludable good

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