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    Exam 5: Externalities, Environmental Policy, and Public Goods
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    Figure 5-2 Figure 5-2 Shows a Market with a Negative Externality
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Figure 5-2 Figure 5-2 Shows a Market with a Negative Externality

Question 206

Question 206

Multiple Choice

Figure 5-2
Figure 5-2     Figure 5-2 shows a market with a negative externality. -Refer to Figure 5-2.The efficient output level is A) Qd. B) Qb. C) Qₐ. D) Qb - Qd.
Figure 5-2 shows a market with a negative externality.
-Refer to Figure 5-2.The efficient output level is


A) Qd.
B) Qb.
C) Qₐ.
D) Qb - Qd.

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