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The Following Graph Shows Equilibrium in a Market in the Presence

Question 117

Multiple Choice

The following graph shows equilibrium in a market in the presence of externality in an economy. The total social gain from producing the socially efficient output rather than the private equilibrium output is shown by the area ______.​ ​
Figure 17.2
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The following graph shows equilibrium in a market in the presence of externality in an economy. The total social gain from producing the socially efficient output rather than the private equilibrium output is shown by the area ______.​ ​ Figure 17.2 ​ ​ A) abdf B) bed​ C) bcd​ D) acdf​ E) bcde​


A) abdf
B) bed​
C) bcd​
D) acdf​
E) bcde​

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