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    Principles of Microeconomics
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    Exam 12: General Equilibrium and the Efficiency of Perfect Competition
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    You Are Unable to Sleep Because Your Hotel Room Is
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You Are Unable to Sleep Because Your Hotel Room Is

Question 121

Question 121

Multiple Choice

You are unable to sleep because your hotel room is right underneath the noisy air conditioning system. We would classify this situation as an


A) internal cost.
B) internal benefit.
C) external cost.
D) external benefit.

Correct Answer:

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