In a Competitive Market with a Negative Externality, Firms Produce

question 36

Multiple Choice

In a competitive market with a negative externality, firms produce an

• A)amount and quality of output most desired by the market.
• B)amount sometimes less and sometimes more than the efficient quantity.
• C)efficient amount of output.
• D)amount less than the efficient quantity.
• E)amount more than the efficient quantity.

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Definitions:

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