Multiple Choice
If firms have to account for external costs of production, then they will ________ compared with what they would do if they did not have to account for the external costs.
A) underproduce and underprice
B) underproduce and overprice
C) overproduce and underprice
D) overproduce and overprice
Correct Answer:
Verified
Correct Answer:
Verified
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