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AP Microeconomics: Market Failure & Government (A)

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AP Microeconomics  Market Failure   Government  A
AP Microeconomics: Market Failure & Government (A)
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Free Flashcard From AP Microeconomics: Market Failure & Government (A)
Question: What is marginal external cost?
Answer: the marginal cost (i.e., damage or harm) of production imposed externally (i.e., on third parties)