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    Principles of Economics Study Set 12
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    Exam 15: Public Goods, Externalities, and Government Behavior
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    When a Positive Externality Exists, the Equilibrium Quantity That Emerges
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When a Positive Externality Exists, the Equilibrium Quantity That Emerges

Question 181

Question 181

Multiple Choice

When a positive externality exists, the equilibrium quantity that emerges from a competitive market is


A) too high.
B) too low.
C) just right.
D) sometimes too high and sometimes too low.
E) zero.

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