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Exhibit 17-1 in Exhibit 17-1, the Amount by Which

Question 104

Multiple Choice

Exhibit 17-1 Exhibit 17-1 In Exhibit 17-1, the amount by which the total social cost of producing the private equilibrium level of output exceeds the total social benefit is A) $300 B) $50 C) $5, 000 D) $1, 600 E) $8, 000 In Exhibit 17-1, the amount by which the total social cost of producing the private equilibrium level of output exceeds the total social benefit is


A) $300
B) $50
C) $5, 000
D) $1, 600
E) $8, 000

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