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  3. Study Set
    Economics Study Set 4
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    Exam 5: Externalities, environmental Policy, and Public Goods
  5. Question
    If the EPA Does Implement Its Plan to Enact Tougher
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If the EPA Does Implement Its Plan to Enact Tougher

Question 2

Question 2

Multiple Choice

If the EPA does implement its plan to enact tougher limits on smog-forming ozone,________ would bear more of the external cost of pollution and the gap between the marginal private cost of pollution and the marginal social cost of pollution would ________.


A) consumers; widen
B) producers; widen
C) producers; narrow
D) consumers; narrow

Correct Answer:

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