Exam (elaborations)
ECON 103 Exam 2 (GMU) Study Questions and Correct Answers
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In the market for automobiles, the private benefit of one more small SUV is $20,000 and the social cost of one more small SUV is $30,000. . In the market for really good ideas, ideas that will dramatically change the world for the better, the private benefit of one more cre External Cost or Benefit...
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