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    Microeconomics Theory and Applications Study Set 2
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    Exam 20: Public Goods and Externalities
  5. Question
    A Competitive Market Will Generally _____ a Good That Involves
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A Competitive Market Will Generally _____ a Good That Involves

Question 22

Question 22

Multiple Choice

A competitive market will generally _____ a good that involves an external cost.


A) underproduce
B) overproduce
C) produce the optimal amount of
D) produce no units of

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