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    Managerial Economics and Strategy Study Set 1
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    Exam 16: Government and Business
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    An Externality
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An Externality

Question 40

Question 40

Multiple Choice

An externality


A) is always either a negative or positive externality.
B) could be either a negative or positive externality.
C) can be a negative externality for one group of people and a positive externality for another.
D) create market failures only when they are negative.

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