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29 Jan 2018
9) Choose the correct statement. A) Consumer surplus is an external benefit. B) A government subsidy paid to a producer is an external benefit. C) Producer surplus is an external cost. D) Consumer surplus is an external cost. E) Subsidies lead to overproduction.
9) Choose the correct statement. A) Consumer surplus is an external benefit. B) A government subsidy paid to a producer is an external benefit. C) Producer surplus is an external cost. D) Consumer surplus is an external cost. E) Subsidies lead to overproduction.
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