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  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 14: Externalities, Market Failure, and Public Choice
  5. Question
    -Exhibit N-5 Depicts a Market
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-Exhibit N-5 Depicts a Market

Question 57

Question 57

Multiple Choice

  -Exhibit N-5 depicts a market A)  with demand curves reflecting both government and private demands for the good B)  that cannot achieve market equilibrium C)  with negative externalities D)  whose market price is too low E)  with positive externalities
-Exhibit N-5 depicts a market


A) with demand curves reflecting both government and private demands for the good
B) that cannot achieve market equilibrium
C) with negative externalities
D) whose market price is too low
E) with positive externalities

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