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    Principles of Microeconomics Study Set 10
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    Exam 10: Externalities
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    Figure 10-9
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Figure 10-9

Question 253

Question 253

Multiple Choice

Figure 10-9 Figure 10-9       -Refer to Figure 10-9, Panel (b) . The market equilibrium quantity is A) Q2, which is the socially optimal quantity. B) Q3, which is the socially optimal quantity. C) Q2, and the socially optimal quantity is Q3. D) Q3, and the socially optimal quantity is Q2. Figure 10-9       -Refer to Figure 10-9, Panel (b) . The market equilibrium quantity is A) Q2, which is the socially optimal quantity. B) Q3, which is the socially optimal quantity. C) Q2, and the socially optimal quantity is Q3. D) Q3, and the socially optimal quantity is Q2. Figure 10-9       -Refer to Figure 10-9, Panel (b) . The market equilibrium quantity is A) Q2, which is the socially optimal quantity. B) Q3, which is the socially optimal quantity. C) Q2, and the socially optimal quantity is Q3. D) Q3, and the socially optimal quantity is Q2.
-Refer to Figure 10-9, Panel (b) . The market equilibrium quantity is


A) Q2, which is the socially optimal quantity.
B) Q3, which is the socially optimal quantity.
C) Q2, and the socially optimal quantity is Q3.
D) Q3, and the socially optimal quantity is Q2.

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