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Use the Following to Answer Question 160

Question 132

Multiple Choice

Use the following to answer question 160.
Exhibit: Market Failure 2
Use the following to answer question 160. Exhibit: Market Failure 2 -(Exhibit: Market Failure 2) If a competitive market has an external cost of the amount AC, and if the government imposes a fee to cover the cost, the market will achieve the equilibrium point: A) H. B) I. C) J. D) K.
-(Exhibit: Market Failure 2) If a competitive market has an external cost of the amount AC, and if the government imposes a fee to cover the cost, the market will achieve the equilibrium point:


A) H.
B) I.
C) J.
D) K.

Correct Answer:

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