When farmers raise hogs-there are a number of external cost

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When farmers raise hogs, there are a number of external costs. In particular, hogs generate methane gas. Without government regulation, the equilibrium price and quantity of ova raised means that:

A. The price will be less than the marginal costs to hog farmers

B. The price will be less than the marginal benefit

C. The price will be less than the marginal social cost

D. Too few hogs will be raised

Reference no: EM131172431

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