When government intervenes in the production process because external costs exist, it typically attempts to shift the industry's
A) demand curve to the right.
B) demand curve to the left.
C) supply curve to the right.
D) supply curve to the left.
D
Economics
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A change in a marginal benefit or cost will
A) increase consumption. B) decrease production. C) cause an individual to make a rational choice. D) increase sunk costs. E) change incentives.
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There is no market supply curve in:
A. monopolistically competitive and monopolistic markets. B. a perfectly competitive market. C. a monopolistically competitive market. D. a monopolistic market.
Economics