Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 10 - Part IV - Externalities - Quick Check Multiple Choice - Page 213: 4

Answer

c. They cause deadweight losses.

Work Step by Step

They actually lessen deadweight loss by bringing the market closer to equilibrium
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