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Question 84 out of 4 pointsThe market output level tends to be socially optimal whenQuestion 94 out of 4 pointsIf all benefits from consuming a good go to consumers, the demand curve is the same as the
Question 104 out of 4 pointsThe level of pollution increases whenQuestion 114 out of 4 pointsComplete elimination of pollution is economically rational whenQuestion 124 out of 4 pointsWhen a benefit of an action falls on other than the person (or persons) responsible for the action, which of the following exists?Question 134 out of 4 pointsIf a pollution tax is placed on a firm emitting pollution, the firm will treat pollution, rather than pay the tax, as long as the tax is