Question: Multiple Choice Question As a result of negative externalities that are imposed by producers, costs are transferred to society and therefore firms incur Blank _

Multiple Choice Question
As a result of negative externalities that are imposed by producers, costs are transferred to society and therefore firms incur Blank______ production costs and have supply curves that are Blank______ the full cost associated with producing their goods.
Multiple choice question.
lower; below
lower; above
higher; above
higher; below

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