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Some economists argue that if privately owned firms were required to pay the social costs of their pollution, the result would be: a

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Some economists argue that if privately owned firms were required to pay the social costs of their pollution, the result would be:

a. Each would create less pollution

b. Each would lower production to decrease pollution levels

c. Their supply curves will represent all of those social costs

d. The price of goods will rise and both a. and b.