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    Microeconomics Study Set 51
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    Exam 17: Market Failure: Externalities, Public Goods, and Asymmetric Information
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    If Jamal Successfully and Completely Internalizes a Negative Externality, It
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If Jamal Successfully and Completely Internalizes a Negative Externality, It

Question 149

Question 149

Multiple Choice

If Jamal successfully and completely internalizes a negative externality, it follows that


A) transaction costs are zero.
B) his marginal private costs are equal to marginal social costs.
C) information is asymmetric.
D) information is symmetric.

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