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Figure 9.3

Question 64

Multiple Choice

Figure 9.3: Figure 9.3: -In Figure 9.3,if the rate of output is 200 units: A) The firm absorbs all the costs of production. B) There are external costs that society must absorb. C) Too much of the good is being produced. D) Too little output is being produced.
-In Figure 9.3,if the rate of output is 200 units:


A) The firm absorbs all the costs of production.
B) There are external costs that society must absorb.
C) Too much of the good is being produced.
D) Too little output is being produced.

Correct Answer:

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