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AP Microeconomics
Unit 6 โ Market Failure and the Role of Government
Topic 6.1
Unit 6 โ Market Failure and the Role of Government
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6.1 Socially Efficient and Inefficient Market Outcomes
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mixed difficulty
In a market with a negative externality, which of the following is true?
The market produces at the socially optimal quantity.
The market produces less than the socially optimal quantity.
The market produces at the equilibrium quantity.
The market produces more than the socially optimal quantity.
Study guides (1)
AP Microeconomics - 6.1 Socially Efficient and Inefficient Market Outcomes
Key terms
Negative Externality
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