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    Microeconomics Study Set 43
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    Exam 18: Externalities
  5. Question
    External Costs and External Benefits Are Collectively Referred to As
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External Costs and External Benefits Are Collectively Referred to As

Question 42

Question 42

Multiple Choice

External costs and external benefits are collectively referred to as:


A) externalities.
B) network externalities.
C) social externalities.
D) social welfare.

Correct Answer:

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