Multiple Choice
When a negative externality exists in a market,how does the cost to producers compare with the cost to society
A) The cost to producers will be greater than the cost to society.
B) The cost to producers will be the same as the cost to society.
C) The cost to producers will be less than the cost to society.
D) The cost to producers and society will be different, regardless of whether an externality is present.
Correct Answer:
Verified
Correct Answer:
Verified
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