Suppose the production of a particular good causes a negative externality. based on market forces only, how will this impact the production levels for a factory if negative externalities are present? a. it will produce the good below the socially efficient level. b. it will produce the same level regardless of whether externalities are present. c. it will produce the good above the socially efficient level. d. negative externalities do not impact production levels.
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Suppose the production of a particular good causes a negative externality. based on market forces o...
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