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Economics · May / June 2018 · Paper 12 · Question 6

2281Market failure

The table shows government estimates of the private and external benefits and costs of building a new dam. What is the difference between the social benefits and social costs of building the dam?

  1. A$25 million
  2. B$50 million
  3. C$175 million
  4. D$225 million

As printed in the paper

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Correct answer: D. $225 million

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