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    Exam 19: Externalities and the Environment
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    Exhibit 17-7 -Exhibit 17-7 Represents the Consumer Market for Driving Their Automobiles.If
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Exhibit 17-7 -Exhibit 17-7 Represents the Consumer Market for Driving Their Automobiles.If

Question 1

Question 1

Multiple Choice

Exhibit 17-7 Exhibit 17-7   -Exhibit 17-7 represents the consumer market for driving their automobiles.If drivers base their driving decisions on the marginal social cost of driving their cars,what would be the social gain? A) $150 B) $200 C) $250 D) $300 E) $350
-Exhibit 17-7 represents the consumer market for driving their automobiles.If drivers base their driving decisions on the marginal social cost of driving their cars,what would be the social gain?


A) $150
B) $200
C) $250
D) $300
E) $350

Correct Answer:

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