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Author Question: Which of the following is true? i. In an unregulated market with an external benefit, consumers ... (Read 33 times)

Jkov05

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on: May 24, 2019
Which of the following is true?
i.  In an unregulated market with an external benefit, consumers don't take it into account and consume less than the efficient quantity.
ii.  Marginal social cost equals marginal private cost minus marginal external cost.
iii.  An unregulated market produces more than the efficient quantity of a good with an external cost.
◦ only i
◦ only ii
◦ only iii
◦ i and ii
◦ i and iii
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Jkov05 on May 24, 2019

lauravaras

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jkov05

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Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it

olderstudent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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