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Exhibit 17.2 -Refer to Exhibit 17.2,which Shows Market Equilibrium in the Presence

Question 94

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Exhibit 17.2
Exhibit 17.2    -Refer to Exhibit 17.2,which shows market equilibrium in the presence of an externality in an economy.The socially efficient level of output is _____ A) 0 units. B) 100 units. C) between 0 and 100 units. D) 160 units. E) between 100 and 160 units.
-Refer to Exhibit 17.2,which shows market equilibrium in the presence of an externality in an economy.The socially efficient level of output is _____


A) 0 units.
B) 100 units.
C) between 0 and 100 units.
D) 160 units.
E) between 100 and 160 units.

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