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-Producing Leather Creates External Costs in the Form of Water

Question 191

Multiple Choice

  -Producing leather creates external costs in the form of water pollution.The figure above illustrates the market for leather.In the absence of any government regulation,how many tons of leather will be produced? A)  0 tons B)  200 tons C)  300 tons D)  more than 300 tons E)  None of the above answers is correct.
-Producing leather creates external costs in the form of water pollution.The figure above illustrates the market for leather.In the absence of any government regulation,how many tons of leather will be produced?


A) 0 tons
B) 200 tons
C) 300 tons
D) more than 300 tons
E) None of the above answers is correct.

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