question archive If negative externalities are present in a market, (a) the quantity supplied in the market is larger than the socially optimal level, (b) the average cost of production exceeds the marginal cost of production at all output levels, (c) the price charged in the market is higher than the socially optimal price, or (d) the marginal social cost of production is lower than the marginal private cost

If negative externalities are present in a market, (a) the quantity supplied in the market is larger than the socially optimal level, (b) the average cost of production exceeds the marginal cost of production at all output levels, (c) the price charged in the market is higher than the socially optimal price, or (d) the marginal social cost of production is lower than the marginal private cost

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If negative externalities are present in a market, (a) the quantity supplied in the market is larger than the socially optimal level, (b) the average cost of production exceeds the marginal cost of production at all output levels, (c) the price charged in the market is higher than the socially optimal price, or (d) the marginal social cost of production is lower than the marginal private cost.

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