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Without Government Intervention, Society Is Likely to Get Too Much

Question 114

Multiple Choice

Without government intervention, society is likely to get too much production of:
I.private goods that generate external costs
II.private goods that generate external benefits
IiI.public goods


A) ​(i) only
B) ​(ii) only
C) ​(iii) only
D) ​both (ii) and (iii)

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