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Refer to the Information Provided in Figure 16

question 20

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Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. Refer to the information provided in Figure 16.1 below to answer the question(s)  that follow.   Figure 16.1 -Refer to Figure 16.1. Absent government intervention, how much fertilizer will be produced? A)  Zero because any level of production involves an external cost. B)  50 bags C)  60 bags D)  indeterminate from this information Figure 16.1
-Refer to Figure 16.1. Absent government intervention, how much fertilizer will be produced?

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