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-Refer to Figure 15-4. What Does S2 Represent

Question 8

Multiple Choice

  -Refer to Figure 15-4. What does S<sub>2</sub> represent? A)  the market supply curve that reflects social cost B)  the market supply curve that reflect private cost C)  the market supply curve that reflects external cost D)  the market supply curve that reflects social benefit
-Refer to Figure 15-4. What does S2 represent?


A) the market supply curve that reflects social cost
B) the market supply curve that reflect private cost
C) the market supply curve that reflects external cost
D) the market supply curve that reflects social benefit

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