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-A Negative Externality Such as Air Pollution Created as a By-Product

Question 90

Multiple Choice

  -A negative externality such as air pollution created as a by-product of a firm's production activities is best represented by which panel in Exhibit N-1 on the previous page (whereS and D depict the initial private market outcome) ? A)  Panel 1 B)  Panel 2 C)  Panel 3 D)  Panel 4 E)  Panel 5
-A negative externality such as air pollution created as a by-product of a firm's production activities is best represented by which panel in Exhibit N-1 on the previous page (whereS and D depict the initial private market outcome) ?


A) Panel 1
B) Panel 2
C) Panel 3
D) Panel 4
E) Panel 5

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