Market imperfections abound in Canada, brought about by externatilities. If a good that generates negative externalities was priced to take into account these negative externalities, then its: Multiple Choice output would increase but its price would remain constant. price and output would remain constant. price would decrease and its output would increase. price would increase and its output would decrease. price would increase but its output would remain constant.

Economics For Today
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ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter14: Environmental Economics
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Market imperfections abound in Canada, brought about by externatilities. If a good that generates negative externalities was
priced to take into account these negative externalities, then its:
Multiple Choice
output would increase but its price would remain constant.
price and output would remain constant.
price would decrease and its output would increase.
price would increase and its output would decrease.
price would increase but its output would remain constant.
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Transcribed Image Text:Market imperfections abound in Canada, brought about by externatilities. If a good that generates negative externalities was priced to take into account these negative externalities, then its: Multiple Choice output would increase but its price would remain constant. price and output would remain constant. price would decrease and its output would increase. price would increase and its output would decrease. price would increase but its output would remain constant. < Prev 21 of 32 Nxt >
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