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Refer to the Graph Shown

question 168

Multiple Choice

Refer to the graph shown. There is a negative externality associated with the production of the good depicted. The socially efficient level of output is: Refer to the graph shown. There is a negative externality associated with the production of the good depicted. The socially efficient level of output is: A) either greater than or less than Q<sub>0</sub>, depending on the elasticities of supply and demand. B) less than Q<sub>0</sub>. C) equal to Q<sub>0</sub>. D) greater than Q<sub>0</sub>.

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