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Author Question: When firms in an industry have fully internalized a production externality, (Read 73 times)

lingual

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on: Oct 12, 2022
When firms in an industry have fully internalized a production externality,
◦ they bear the entire social marginal cost of production.
◦ it is not possible to achieve allocative efficiency.
◦ they produce at less than the optimal level of output.
◦ they produce at more than the optimal level of output.
◦ the marginal social cost is zero.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by lingual on Oct 12, 2022

knguyen

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Reply #1 on: Oct 12, 2022
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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lingual

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Reply 2 on: Oct 12, 2022
Excellent

bitingbit

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

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