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    Exam 10: Externalities- When the Price Is Not Right
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    The Social Cost Is
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The Social Cost Is

Question 227

Question 227

Multiple Choice

The social cost is:


A) a cost paid by the consumer or the producer.
B) a cost paid by people other than the consumer or the producer trading in the market.
C) the cost to everyone.
D) the cost of reaching an agreement.

Correct Answer:

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