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FIGURE 6-3 -Refer to Figure 6-3. What Area (Bounded by Letters) Represents

Question 121

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FIGURE 6-3
FIGURE 6-3    -Refer to Figure 6-3. What area (bounded by letters)  represents the associated efficiency loss resulting when there are external benefits associated with education? A)  Q₀, c, b, Q₁ B)  a, b, c C)  O, P₁, b, Q₁ D)  O, P₀, a, Q₀
-Refer to Figure 6-3. What area (bounded by letters) represents the associated efficiency loss resulting when there are external benefits associated with education?


A) Q₀, c, b, Q₁
B) a, b, c
C) O, P₁, b, Q₁
D) O, P₀, a, Q₀

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