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    Principles of Economics
  4. Exam
    Exam 7: Consumers, Producers and the Efficiency of Markets
  5. Question
    Externalities Are
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Externalities Are

Question 102

Question 102

Multiple Choice

Externalities are:


A) external forces that help establish equilibrium price
B) external forces that cause the price of a good to be higher than it otherwise would be
C) side effects of government intervention in markets
D) side effects passed on to a party other than the buyers and sellers in the market

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