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    Exam 10: Externalities
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    Figure 10-4 -Refer to Figure 10-4. This Market
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Figure 10-4 -Refer to Figure 10-4. This Market

Question 205

Question 205

Multiple Choice

Figure 10-4 Figure 10-4   -Refer to Figure 10-4. This market A)  has no need for government intervention. B)  would benefit from a tax on the product. C)  would benefit from a subsidy for the product. D)  would maximize total well-being at Q3.
-Refer to Figure 10-4. This market


A) has no need for government intervention.
B) would benefit from a tax on the product.
C) would benefit from a subsidy for the product.
D) would maximize total well-being at Q3.

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