If the production of a good results in negative externalities, then Group of answer choices production will occur at socially optimal levels. production will be greater than the socially optimal output. production will be less than the socially optimal output. there will be a shortage of the good.

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06-06-2024
Business

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If the production of a good results in negative externalities, then Group of answer choices production will occur at socially optimal levels. production will be greater than the socially optimal output. production will be less than the socially optimal output. there will be a shortage of the good.

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