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The Following Questions Refer to the Graph Below

Question 12

Multiple Choice

The Following Questions Refer to the graph below. The Following Questions Refer to the graph below. -Social well-being would be enhanced if output of the water-using firm were to A) Increase from the equilibrium output B) Decrease from the equilibrium output C) Be equal to the equilibrium output D) Be greater than Q<sub>3</sub> E) Be less than Q1
-Social well-being would be enhanced if output of the water-using firm were to


A) Increase from the equilibrium output
B) Decrease from the equilibrium output
C) Be equal to the equilibrium output
D) Be greater than Q3
E) Be less than Q1

Correct Answer:

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