After Correcting for a Market's External Costs, the Price of a Good

question 136

Multiple Choice

After correcting for a market's external costs, the price of a good or service

• A) rises and the quantity bought and sold will be lower.
• B) falls and the quantity bought and sold will be lower.
• C) rises and the quantity bought and sold will be higher.
• D) falls and the quantity bought and sold will be higher.
• E) and the quantity bought and sold stay the same.

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