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    Exam 16: The Economics of the Environment, and Natural Resources
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    A Market with an Externality Can
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A Market with an Externality Can

Question 199

Question 199

Multiple Choice

A market with an externality can


A) underproduce or overproduce a good.
B) stabilize.
C) operate efficiently without government intervention.
D) move from a production point inside the production possibilities curve to a pareto optimal point.

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