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A Firm Dumps Raw Sewerage in a River, Thereby Severely

Question 41

Multiple Choice

A firm dumps raw sewerage in a river, thereby severely polluting the river. The cost of the water pollution is i. zero for the firm.
Ii) an external cost.
Iii) part of the marginal social cost.


A) i only
B) ii only
C) iii only
D) ii and iii
E) i, ii and iii

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