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If a production process creates positive externalities, a competitive market produces too few positive externalities because the producer: A) does not pay all the costs of the externalities
If a production process creates positive externalities, a competitive market produces too few positive externalities because the producer:
A) does not pay all the costs of the externalities.
B) does not receive compensation for the externalities.
C) Both A and B.
D) None of the above.
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