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Relating to the Economics in Practice on Page 332: If

Question 11

Multiple Choice

Relating to the Economics in Practice on page 332: If a company that is responsible for an environmental disaster does not end up paying the entire cost of the damage it created, the marginal social cost will be ________ the sum of the marginal costs of production.


A) less than
B) greater than
C) equal to
D) unrelated to

Correct Answer:

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