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When the Benefits to Society of Using a Product Exceed

Question 110

Multiple Choice

When the benefits to society of using a product exceed the benefits to the user,then _____


A) the product should be strictly regulated.
B) the product should be taxed.
C) the product provides a positive externality.
D) the product is overproduced at the privately determined equilibrium.
E) the product provides a negative externality.

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