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    Exam 5: Externalities, Environmental Policy, and Public Goods
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    If There Is Pollution in Producing a Product, Then the Market
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If There Is Pollution in Producing a Product, Then the Market

Question 232

Question 232

Multiple Choice

If there is pollution in producing a product, then the market equilibrium price


A) is too high and equilibrium quantity is too low.
B) and equilibrium quantity are too low.
C) and equilibrium quantity are too high.
D) is too low and equilibrium quantity is too high.

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