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The Following Figure Shows the Market Supply and Demand of a Good

Question 107

Multiple Choice

The following figure shows the market supply and demand of a good whose production entails a $2 negative externality per unit.
The following figure shows the market supply and demand of a good whose production entails a $2 negative externality per unit. -Refer to the figure above.The total cost of this externality to the society is equal to ________. A) $2 B) $10 C) $20 D) $40
-Refer to the figure above.The total cost of this externality to the society is equal to ________.


A) $2
B) $10
C) $20
D) $40

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