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Private Incentives in Markets with External Benefits Lead to _____;Private

Question 2

Multiple Choice

Private incentives in markets with external benefits lead to _____;private incentives in markets with external costs lead to _____.


A) maximum total economic surplus;deadweight loss
B) deadweight loss;deadweight loss
C) excess total economic surplus;efficiency
D) excess total economic surplus;deadweight loss
E) minimum total economic surplus;efficiency

Correct Answer:

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