Business, 27.12.2019 15:31 johnny2585

If a good has an external cost, the

a. unregulated competitive market outcome is inefficient.

b. marginal private cost reflects the external cost.

c. unregulated competitive market outcome is efficient.

d. external benefit must equal the external cost.

e. marginal social benefit is equal to the marginal social cost when the market is in equilibrium.

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If a good has an external cost, the

a. unregulated competitive market outcome is ineffic...

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