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    Exam 17: Externalities
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    -The Figure Above Shows the Costs Associated with Producing Paper
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-The Figure Above Shows the Costs Associated with Producing Paper

Question 51

Question 51

Multiple Choice

  -The figure above shows the costs associated with producing paper. When paper is produced, there is some pollution runoff into a lake. Without regulation, ________ tons of paper will be produced and the price will be ________ per ton. A)  3; $150 B)  4; $100 C)  4; $200 D)  3; $200
-The figure above shows the costs associated with producing paper. When paper is produced, there is some pollution runoff into a lake. Without regulation, ________ tons of paper will be produced and the price will be ________ per ton.


A) 3; $150
B) 4; $100
C) 4; $200
D) 3; $200

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