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    Exam 10: Externalities
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    -The Figure Above Shows the Market for University Education
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-The Figure Above Shows the Market for University Education

Question 74

Question 74

Multiple Choice

  -The figure above shows the market for university education. Left to itself without any government intervention, a competitive market would create a deadweight loss equal to A)  the area d. B)  the area b + c. C)  the area a + c. D)  zero. E)  the area b + d.
-The figure above shows the market for university education. Left to itself without any government intervention, a competitive market would create a deadweight loss equal to


A) the area d.
B) the area b + c.
C) the area a + c.
D) zero.
E) the area b + d.

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