When There Is a Marginal External ________ Producers Take Account

question 54

Essay

When there is a marginal external ________ producers take account only of marginal private cost and produce ________ than the efficient quantity.
A) cost; more
B) cost; less
C) benefit; more
D) benefit; less
E) increase; more

• A) cost; more
• B) cost; less
• C) benefit; more
• D) benefit; less
• E) increase; more

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