Steel production will internalize the externality entirely

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Reference no: EM131112534

The production of steel in a factory generates a negative externality. A? per-unit tax on the factory that equals? ________ of steel production will internalize the externality entirely.

A. the marginal external benefit

B. the marginal external cost

C. the marginal social cost

D. the marginal private cost

Reference no: EM131112534

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