In the presence of a negative externality in production,a monopoly will produce
A) more than the social optimum.
B) less than the social optimum.
C) the social optimum.
D) All of the above are possible.

Question

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The Answer of In the presence of a negative externality in production,a monopoly will produce
A) more than the social optimum.
B) less than the social optimum.
C) the social optimum.
D) All of the above are possible.

In the Presence of a Negative Externality in Production,a Monopoly